Trump Imposes 25% Tariff on Indian Imports Over Russian Oil Ties
✅Key Takeaways Trump Signs Order for New Tariffs on Indian Imports President Donald Trump signed an executive order on Wednesday introducing a new 25% tariff on all imports from India, citing India’s ongoing purchase of Russian oil as a significant...
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U.S. Services Sector Stalls in July as ISM PMI Falls Amid Tariff Pressures
Key Takeaways ✅ U.S. Services PMI Nears Stagnation in July 2025 The U.S. services PMI slipped to 50.1 in July 2025, down from 50.8 in June, and well below market forecasts of 51.5, according to the latest ISM data. This...
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Trump Plans Major Tariff Hike on Pharmaceutical Imports, Semiconductor Tariffs Coming Soon
📌 Key Takeaways Trump Announces Tariffs on Pharmaceuticals, Signals More to Come President Donald Trump announced on Tuesday that the U.S. will impose a new tariff on pharmaceutical imports, with plans to raise the rate sharply over the next 12...
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China’s Services Sector Sees Strongest Growth in Over a Year: Caixin PMI Hits 52.6 in July
📌 Key Takeaways China’s Services Sector Rebounds with Strong July Performance The Caixin China General Services PMI rose to 52.6 in July 2025, from a nine-month low of 50.6 in June. This marked the fastest expansion in the sector since...
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BofA Securities Reaffirms No Fed Rate Cuts in 2025 Despite Soft Jobs Data
✅Key Takeaways BofA Securities Maintains Fed Will Hold Rates in 2025 Bank of America Securities (BofA) has reaffirmed its expectation that the Federal Reserve will not cut interest rates in 2025, despite growing market speculation for a rate cut as...
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