From U.S. Steel becoming the world’s first billion-dollar company in 1901 to Nvidia’s rise toward a $5 trillion valuation, market capitalisation milestones trace a century-long shift in global economic power from heavy industry to consumer technology and now artificial intelligence.

The U.S. “reciprocal tariffs” under President Donald Trump’s trade policies are poised to disrupt global trade flows. Data from the White House highlights the top 10 countries most affected by the 2025 tariff hikes, with China, Cambodia, and Vietnam topping the list.