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Arlan Suderman, Chief Commodities Economist at StoneX, reports live from the trading floor with breaking news on sweeping global tariffs and China's massive new infrastructure push. President Trump has announced new tariffs—10% base globally, 15% for trade-deficit countries, and up to 35% for Canada and 50% for Brazil. With U.S.-China tensions still unresolved, markets face renewed uncertainty. Meanwhile, China breaks ground on a $160B mega hydropower project in Tibet, dubbed the “Century Project.” The world's largest hydro scheme aims to stimulate the struggling Chinese economy, increase energy output, and assert regional influence—raising alarms in India and beyond. Key Highlights: 24% tariffs on China, 20% on Vietnam, 15% on Japan & Korea No Chinese purchases of U.S. ag or energy commodities Mexico & Canada negotiations update U.S. beef market tension with Brazil’s 50% tariff China's 60GW hydropower plan to fuel 300M people Rising India-China water and trade tensions What does this mean for global trade, commodities, and energy markets? Watch now for full economic analysis, market impacts, and geopolitical implications. Subscribe for timely insights from the StoneX trading floor. 0:00 Intro 0:06 New global tariffs announced 0:29 Breakdown of tariff rates by country 1:12 China tariff suspension and chip trade 2:21 China unwinding retaliatory tariffs 3:15 Canada, Mexico, and USMCA exemptions 4:40 50% tariff on Brazil and beef impact 5:54 US job market and rate cut expectations 8:07 China unveils $160B dam project 9:51 Energy, commodity, and geopolitical impact 11:24 India tensions over Chinese water control 12:17 Outro – like & subscribe