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Economic Events and Company Reports on August 7, 2025: Bank of England Interest Rate, U.S. Tariffs, Reports from Siemens and Toyota
... companies from different regions will present their quarterly results. These events could set the tone for global markets and determine where traders should focus their attention.
Global Trade: American Tariffs and China's Exports
US:
On this day, increased tariffs on imports of certain goods from dozens of countries come into effect. This protectionist move by the US administration signifies a new escalation in trade disputes and could provoke retaliatory measures from trading partners, affecting global trade and ...
Economic News: Saturday, July 26, 2025 - CBRF Reduces Rate, Wall Street Hits New Highs
... trade, an increasing number of companies mention the impact of tariffs and barriers in their reports. The focus is on negotiations between the USA and the European Union. President Donald Trump's administration has intensified its rhetoric concerning import tariffs; however, by August 1, positive shifts are emerging: Washington and Brussels are close to an agreement that could prevent the imposition of large new tariffs. Earlier in the week, the US also concluded a separate trade deal with Japan, avoiding ...
Energy Sector News, Monday, August 4, 2025: Brent around $70 amid increased OPEC+ production, EU gas reserves exceed 70%, gasoline export ban in effect
... trade situation. The U.S. has secured key trade agreements with the European Union, Japan, and several other partners, avoiding a full-scale tariff war and supporting confidence in demand resilience. However, from August 1, Washington has introduced new tariffs on imports from several countries (including India and Canada) that did not conclude agreements, adding uncertainty. Nevertheless, the global summer travel season is driving high demand for gasoline and jet fuel in major economies (U.S., China, etc.). Leading ...
Risk of Bankruptcy for Mercedes, BMW, and Volkswagen: What It Means for Investors
... German Automotive Giants Mercedes, BMW, and Volkswagen: What It Means for Investors
The German automotive industry is facing a challenging situation. Under pressure from competition in China, declining demand in Europe, and the potential increase in import tariffs on vehicles in the United States, major German automakers Mercedes-Benz, BMW, and Volkswagen are encountering serious challenges that threaten their financial stability. Some analysts are warning of potential bankruptcy risks, raising questions ...
Energy News August 7, 2025: U.S. Pressures India, Petroleum Export, Oil Stabilization
... sectors.
Washington Doubles Tariffs for India on Russian Oil Trade
The United States has sharply intensified pressure on India, the second-largest global market for Russian oil. On August 6, President Donald Trump signed an order imposing additional 25% import duties on goods from India, justifying this move by New Delhi's continued purchases of energy from Russia. These new tariffs are added on top of existing ones, resulting in a total U.S. tariff rate for Indian exports being doubled from 25% to 50%. According to the document, the increase will take effect in 21 days. Previously, Trump threatened "three-digit" ...