America In Focus: New tariffs, soaring gas, mortgages and a down week for Wall Street

America In Focus: New tariffs, soaring gas, mortgages and a down week for Wall Street

Trump enforces 10-12.5% tariffs on 60 trading partners (99% U.S. imports) as crude surges above $100/barrel and gas hits $4.11/gallon. Tech leaders face supply chain inflation and sourcing urgency amid recession signals—jobless claims at 50-year lows, mortgage rates at 12-month highs, equity decline.