# Trump Tariffs

Crude Awakening: Geopolitical Brinkmanship and Protectionist Pivots Roil Global Markets

International oil prices have surged over 11% following threats to the Strait of Hormuz and escalating Middle East tensions. Amidst this volatility, the U.S. has imposed 100% tariffs on patented drugs, while China focuses on expanding its digital yuan and managing a surge in domestic stock market participation.