🔵Trump's tariff saga continues... Here are the main developments
⬅️ Trump escalated his trade rhetoric and threatened to impose broad tariffs affecting major trading partners including India
🔷U.S. stocks give up their gains amid fears of "persistent" inflation
🔹 Trump announced he will reveal Powell's successor within 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
