🔵 Trump's tariff saga continues.. Here are the key developments
⬅️ Trump has escalated his trade rhetoric and threatened to impose broad tariffs on major trading partners including India
• U.S. stocks are giving up their gains amid fears of "persistent" inflation
• Trump announced he will reveal Powell's successor in a few days.. the final list includes only 4 names, the decision could change the course of U.S. monetary policy!
• The U.S. services sector records a recession in July.
⬅️ Due to rising input costs and tariff pressures on companies.
- No important economic data today.