National

Media Trends

Axios Media Trends

America's loudest export is cranking the volume

Media Trends Executive

Macro

Axios Macro

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

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Tech Policy

AI chip smuggling signals strong Chinese demand

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China's nuke tests "are not small," NNSA boss says

Axios AI+

Nvidia restarting production for H200 chips for sales in China

WATCH: Anduril's Palmer Luckey talks AI, nukes and Iran on "The Axios Show"

The Axios Show: Season 2 premiere with Palmer Luckey

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