Have come Tariffs – but “Taco Trade” seems to be still on

Markets still have this loving feeling, although US tariffs come into force. On Thursday, the “reciprocal” tariffs of President Donald Trump hit dozens of countries, with those not listed on the list, subject to a 10% base line.

August 7 was a culmination of the many terms facing the world, as it rides Trump’s tariff strategy, and although this period may already be in force, the tariffs are not actually placed in stone. Negotiations, of course, will continue to happen and the parties can see some discounts.

Remember that Trump returned to the rates for the “day of Liberation” a week after all the pomposity and ceremony in Rose Garden, and the deadline on July 9 was pushed until August 1, and then until August 7. The steep tariffs declared to China have been detained, with the deadline on August 12 is expected to be delayed.

So, although these may be the highest tariffs the world has seen after the Smot-Houl Law in the 1930s are to stay here?

Now, if you excuse me, the Taco store can open for a business.

– Lim Hui Jie

The full list of US tariffs around the world. After months of threats, transactions and publications on social truths, dozens of key trading partners were affected Thursday with “reciprocal” tariffs for their export to the country. US has said that except List of States hereAll other US exports will face the base 10% tariff rate.

New Governor of Fed. Trump on Thursday has announced that there is Chosen Stephen MiranChairman of the Council of Economic Councilors to replace Adriana Kugler, who resigned on Friday. Mira will endure Kugler’s term, which expires on January 31, 2026 and will not be a substitute for Fed President Jerome Powell.

The markets are mixed. Thehe Dow Jones Industrial Average They gave back profits and closed more on Thursday as investors put some of their profits in a variable session. In contrast, the technologically heavy Nasdaq Composite advanced and S&P 500 It was slightly down. In Europe, the Stoxx 600 has increased by 0.9%as investors estimated revenue.

Intel CEO under fire. Intel Shares slipped on Thursdayr Trump called for the CEO CEO No-one tan to withdraw. In a True social Post, Trump said “is highly conflict and has to resign immediately. There is no other solution to this problem.” This comes after Senator questions Tan’s connections with Chinese companies, among other claims.

(Pro) Chinese commercial conversations take advantage of air load
The uncertainty of Trump administration’s current trade conversations with China nourishes Aeronautics As traders are trying to put their goods in the United States before the deadline on August 12th.

OPENAI Thursday GPT-5 declaredthe latest and most advanced large-scale artificial intelligence model.

The company provides GPT-5 available to everyone, including its free users. Openai said the model was more inherent, faster and “much more useful”, especially in domains such as writing, encoding and healthcare.

– Ashley Capot