AI disruption has given way to more uncertainty about rules for global trade, even as the leader of an economy-reshaping artificial intelligence revolution prepares to reveal its latest results and its updated vision for the short and long term later this week. Whether it's Nvidia CEO Jensen Huang's or President Donald Trump's world is a question investors, traders and speculators seem stuck on, at least for today.
On Friday, the Supreme Court invalidated President Donald Trump's tariffs levied last year under the International Emergency Economic Powers Act (IEEPA), subjecting an estimated $175 billion to potential refund. President Trump subsequently announced a new 10% tariff on all countries, and then raised it to 15% over the weekend.
