Asit Sharma, a senior analyst at Motley Fool, dives into how tariffs imposed by the Trump administration are reshaping global trade, affecting everything from supply chains to stock markets. He discusses the 'de minimis' exemption and its implications for retailers amidst increased international competition. Nick Sciple explores Big Tobacco's future in a smoke-free world, analyzing regulatory changes and the rise of products like Zin. Together, they reflect on significant shifts in market dynamics and the evolving landscape of the nicotine industry.