Tariffs have arrived – but the “taccharide deal” seems to be still

Even though our tariffs have come into effect, the market still has this kind of love. President Donald Trump’s “reciprocity” tariffs reached dozens of countries on Thursday, with unnamed countries levied a baseline tax of 10%.

August 7 is the culmination of many deadlines facing the world as it rides a roller coaster of Trump’s tariff strategy, and while this deadline may have been in effect, the tariffs aren’t really set on the stone. Of course, negotiations will continue to happen and countries can see some probation.

Remember that Trump imposed tariffs on the “Liberation Day” of “Liberation Day” after all the feasts and ceremonies in the Rose Garden and pushed the July 9 deadline to August 1, then extended to August 7. Steep tariffs announced in China have been put on hold, and the August 12 deadline is expected to be postponed.

So while these may be the highest tariffs the world has seen since the Smoot-Hawley performance in the 1930s, are they staying here?

Now, if you forgive me, the taco shop downstairs may be opening.

— Lim Hui Jie

A complete list of US global tariffs. After months of threats, deals and posts about the Truth Society, dozens of key U.S. trading partners were hit by “reciprocal” tariffs on Thursday for their exports to the country. The United States also said that List of countries hereall other exports to the United States will face a 10% tariff rate.

New federal government governor. Trump announced on Thursday that he has Selected Stephen Miranchairman of the Economic Advisory Council, replaced Adriana Kugler, who resigned on Friday. Miran will expire on January 31, 2026 and will not replace Fed Chairman Jerome Powell.

The market is mixed. this Dow Jones Industrial Average Reward earnings and closed Thursday as investors made some profits at the turbulent meeting. In contrast, the technology is heavy Nasdaq Composite Materials Advanced and S&P 500 Slightly down. In Europe, Stoxx 600 0.9% increase as investors assessed optimistic revenue.

Intel CEO is in the fire. Intel Stocks slipped on ThursdayTrump Call on chipmaker CEOs Lip – This tan Left off. exist Truth Social Postal, Trump said he was “highly conflicted and had to resign immediately. There was no other solution to this issue.” This was asked by a senator Tam Chinese Companies, etc.

(Pro) China trade negotiations to make air transport
Uncertainty over the Trump administration is engaging in ongoing trade talks with China Air transport When traders try to bring their goods to the United States by the August 12 deadline.

Openai Thursday Announcement of GPT-5the latest, most advanced large-scale AI Model.

The company is offering GPT-5 to everyone, including free users. Openai said the model is smarter, faster and “more useful”, especially in areas such as writing, coding and healthcare.

– Ashley Capoot