President Donald Trump 's higher tariff rates of 10% to 50% on dozens of trading partners kicked in on Aug. 7, testing his strategy for shrinking U.S. trade deficits without massive disruptions to global supply chains, higher inflation, and stiff retaliation from trading partners.

The sweeping levies imposed on nearly every country mark a watershed moment in the president's effort to upend world trade.

CNN’s Gustavo Valdes explains Brazil’s “interesting take” on dealing with President Trump on trade.

A change in leadership could pile pressure on the company as it pushes through a major strategic reset that Lip-Bu Tan started.