National

Macro

Axios Macro

Rumors of the dollar's demise look much exaggerated

Americans grow a bit friendlier toward China

A line chart that shows Americansâ favorable views of China from 2020 to 2026. Favorability was 19% in 2020, rose to 21% in 2021, fell to a low of 14% in 2023, then climbed to 27% in 2026, the series high.

Favorability of China among Americans over time

Health Care Policy

Pharma tariffs force biotech to weigh price deals

U.S. warships cross Strait of Hormuz for first time since Iran war began

Media Trends

Axios Media Trends

America's loudest export is cranking the volume

Media Trends Executive

It's Trump's trade world now

A line chart that tracks the average effective tariff rate daily from Jan. 1, 2025, to April 2, 2026. The rate rises from 2.3% to a peak of 21% on April 11, 2025, then eases to 11% by Feb. 20, 2026 after the Supreme Court strikes down tariffs implemented under the International Emergency Economic Powers Act, where it remains through April 2, 2026.

Average effective tariff rate

Data: Yale Budget Lab; Chart: Erin Davis/Axios Visuals

China and Pakistan present new Iran deal: Ceasefire for opening Hormuz

China's rise threatens the drug world's status quo

Exclusive: U.S. and China could agree on AI guidelines, says Hicks

Tech Policy

AI chip smuggling signals strong Chinese demand

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