Though an abundance of news has whipsawed Wall Street during this timeline, including quarterly operating results, a U.S. debt downgrade, and geopolitical tensions in the Middle East, the one common link fueling this rollercoaster ride is President Donald Trump's tariff and trade policy.

Starting August 1, President Donald Trump’s new tariffs will go into effect for a number of countries. Ariana Triggs

The trade deal with European Union (EU) are yet to be finalised and the talks will continue in Scotland ahead of the August 1 deadline, Trump said

Star founders, Beijing officials and deep-pocketed financiers converge on Shanghai by the thousands this weekend to attend China’s most important AI summit. At the top of the agenda: how to propel Beijing’s ambitions to leapfrog the US in artificial intelligence — and profit off that drive.

The new framework suggests a strong US open-source AI network has “geostrategic value” because it could underpin businesses and academic research globally.

After months of reckless accelerationist rhetoric from the Trump administration, expectations for the AI Action Plan were rock bottom. Observers — myself included — were braced for a plan that wouldn’t even pay lip service to the potential risks from AI,