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Economic News August 2, 2025 — US Labor Market, Trade Truce, Amazon and Samsung Reports

... 25–70% tariffs on car exports to the US was eliminated. However, uncertainty in global trade has not completely dissipated—US negotiations with several other partners (China, India) continue, and businesses in Europe still take into account the possibility ... ... in Google Cloud. Alphabet's net profit increased even more significantly (to ~$21 billion), reflecting cost optimization and successful implementation of AI tools in the company's products. Alphabet’s management noted that demand for advertising services ...