Donald Trump’s threat to impose secondary sanctions on countries buying Russian oil is probably more symbolic than practical, leading oil analyst and senior fellow at the Carnegie Russia Eurasia Center,

Financial news has been breaking fast and furious, thanks to President Trump. Over the past week, he has: Escalated threats of sharply higher tariffs on major trading partners that don’t cut trade deals with him by the end of the month.

Asian stocks moved in a flat-to-low range on Thursday, following an upbeat session on Wall Street overnight after US President Trump signaled no intention to remove Fed Chair Powell, easing concerns over central bank independence.

Instead of viewing tariffs as part of a broader trade policy, President Trump sees them as a valuable weapon he can wield on the world stage.

Crude futures fell over 2% Thursday as traders reacted to fresh tariff threats from U.S. President Donald Trump, raising alarms over future oil demand in key growth markets.

Investors certainly appear to be finding comfort in megacap tech stocks, particularly as they look ahead to companies’ second-quarter earnings reports, expected over the next two weeks. An index that tracks the Magnificent Seven tech stocks is up 3.7% since Trump’s tariff letters were published.

President Donald Trump cranked up the pressure Monday on America’s trading partners, firing off letters to heads of several countries, informing them of their new tariff rate. But at the same time, Trump took some of the edge off by signing an executive action Monday to extend the date for all “reciprocal” tariffs,

The president’s supporters portray him as a top dealmaker. But, at least for now, far more trading partners have gotten stiff tariffs than trade deals.

Trump has again threatened the multibillion-dollar pharmaceutical sector with high tariffs unless they move production to the U.S.