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On 2 April 2026 President Trump signed a Section 232 order slapping a 100 % duty on patented pharmaceuticals made abroad, with lower interim rates for firms that on-shore production or cut U.S. prices, effective within 120–180 days.
On 2 April 2026, President Trump invoked Section 232 to impose a tariff ladder that rises to 100 % on patented drug imports from companies without U.S. price-cut/onshoring deals and re-defined his existing 50 % metal tariffs to capture the full customs value of products.
On 2 Apr 2026, a televised Trump vow to intensify U.S. strikes on Iran for the next 2-3 weeks sent WTI crude above $110 (+≈11%) and inverted the usual Brent premium within hours.
On 1 April 2026, SpaceX secretly submitted a draft S-1 to the SEC, teeing up a June float that seeks up to $75 billion in fresh capital at a valuation near $1.75 trillion.
On 1 April 2026 SpaceX lodged a confidential draft prospectus with the SEC, formally starting a record-shattering public listing expected as early as June.
On 1 April 2026, OpenAI closed a record $122 billion capital raise, instantly re-pricing the firm at $852 billion and allocating the proceeds to create a single "agent-first" superapp that merges ChatGPT, Codex, browsing and task-automation tools.
Between 31 Mar and 1 Apr 2026, Oracle emailed pink slips to roughly 30,000 staff—about 18 % of its payroll—to divert billions toward AI-centric data-centre expansion.
In the early hours of 31 Mar 2026 an Iranian drone struck the Kuwait-flagged VLCC Al Salmi at Dubai’s Anchorage-E, igniting but quickly containing a fire while Washington simultaneously threatened to destroy Iran’s oil infrastructure unless the Strait of Hormuz is reopened.
AAA data on 31 Mar 2026 show the national pump price spiking to $4.02/gal—its first break above $4 since 2022—after the 28 Feb U.S.–Israeli strikes on Iran triggered Tehran’s shutdown of the Strait of Hormuz.
On 31 Mar 2026 OpenAI finalized a $122 billion funding round—Silicon Valley’s largest ever—valuing the firm at $852 billion and, for the first time, funneled billions from ordinary investors through bank channels and Cathie Wood’s ARK ETFs ahead of an expected IPO.
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