Reshma Kapadia

The president is being more strategic. He’s focusing on specific products, stricter rules of origin, and tougher enforcement.

The White House outlines its AI tariff plans in a 10,000-word report featuring an image of the Trojan Horse from Homer’s Odyssey.

AllianceBernstein strategist Inigo Fraser Jenkins says the era of using 10-year U.S. bonds as an easy way to diversify stock portfolios is over. Possible diversifiers: base metals and energy.

Restricting Chinese open models could protect U.S. developers but increase costs for U.S. users and slow AI adoption, analysts say.

Rupal Bhansali, CEO of Double Duty Money Management, finds bargains in France, Denmark, and Brazil. Why she likes UPS.

If the AI trade fails to deliver, foreign investors will exit U.S. equities, Apollo Chief Economist Torsten Sløk said in an interview.

Administration officials have vowed to re-create approximately the same level of revenue they had planned with their global tariffs through other tools.

Mohamed Aly El-Erian, of Allianz, checks the Yen, the KOSPI, and U.K. yields every morning— because he’s less worried about the U.S. and more worried about other parts of the world.

The Trump administration will impose 10% to 12.5% tariffs on 60 trading partners following an investigation into forced labor policies.

The buzz is all about AI, but there’s something else big going on. A new industrial cycle—from North Carolina to India and points in between—is spelling opportunity for investors.

The White House said it would impose tariffs on goods ranging from hockey sticks to cement.

The order comes as the administration has ramped up efforts to break China’s stranglehold on the mining and processing of rare earths needed for defense and autos.

Brazil’s president called the levies “a lamentable milestone” in the relationship between the two most populated countries in the Americas.

Marcelo Bacci explains how the world’s largest iron ore producer is navigating uncertainty with Iran, China, a board shake-up, and more.

Sharp pros are giving fresh attention to Brazil, India, and parts of Africa. Focused China plays could work, too.

The International Monetary Fund warned that inflation and geopolitical risks remain elevated.

Savita Subramanian, BofA’s head of U.S. equity and quantitative strategy, doesn’t see “any reason” to keep buying the Mag Seven or big capex spenders. She has good reasons.

The action keeps the trade agreement alive but subjects it to annual reviews.

BlackRock’s Wei Li says it’s too early to pick AI winners. Look to shares of companies that provide scarce inputs for AI, infrastructure plays, and short-term bonds.

The U.S., Mexico, and Canada face a July 1 deadline to renew, terminate, or extend negotiations for their $2 trillion-in-goods USMCA trade pact.