Trade Policy - Gold imports will not face tariffs [1]

Trade Performance - China's July exports increased by 8% year-on-year in RMB terms [2] - China's July imports increased by 4.8% year-on-year in RMB terms [2] - China's July trade surplus narrowed to 705.1 billion RMB [2] - China's July exports increased by 7.2% year-on-year in USD terms [2] - China's July imports increased by 4.1% year-on-year in USD terms [2] - China's July trade surplus was 98240 million USD [2] Import & Export Commodities - China's July fertilizer exports increased by 85% year-on-year, reaching 5704000 tonnes [1] - China's July rare earth exports increased by 21% year-on-year, reaching 59943 tonnes [1] - China's July automobile exports increased by 26% year-on-year, reaching 694000 vehicles [1] - China's July integrated circuit exports increased by 16% year-on-year, reaching 31840 million units [1] - China's July soybean imports increased by 18% year-on-year, reaching 11666000 tonnes [1] - China's July crude oil imports increased by 11.5% year-on-year, reaching 47204000 tonnes [1] - China's July copper ore and concentrate imports increased by 18% year-on-year, reaching 2560000 tonnes [1] - China's July coal imports decreased by 23% year-on-year, reaching 35609000 tonnes [1]

Trade Policy & Tariffs - The US President is increasing tariffs on imports from India to 50% due to India's purchase of Russian oil [1] - New tariffs are set to take effect on India in 3 weeks, while tariffs of at least 10% are set to become reality on imports from nearly 70 different countries [2] - These tariffs mark the highest rates the US has seen in almost 100 years [2] - The President is using secondary tariffs to pressure Russia amid ceasefire negotiations with Ukraine, targeting countries that do business with Russia [4] Economic Impact & Consumer Effects - The President suggested a potential "dividend" to Americans from tariff revenue, but this may be offset by rising prices due to the same tariffs [6][7] - The Treasury Department reported $30 billion in tariff revenue as of last month, but the source of this money is debated, as American companies pay the increased costs [8] - Consumers are likely to feel the impact of the tariffs, but the timing is uncertain; it takes months to experience the effects [11][13] - Tariffs on countries like Vietnam (20% tariff) will impact the cost of footwear and clothing, while tariffs on Brazil (50% tariff) could make coffee beans more expensive [13]

Trade Performance - Vietnam's July exports increased by 16% year-over-year to $42270 million, exceeding the expected 14% growth [1] - Rice exports reached 782 thousand tons, a 42% year-over-year increase [1] - Coffee exports for the first seven months totaled 1050 thousand tons, up 69% year-over-year [1] - July imports increased by 178% year-over-year, surpassing the anticipated 152% growth [1] Economic Indicators - July's industrial production index rose by 85% year-over-year, compared to 108% in June [1] - Retail sales in July increased by 92% year-over-year, up from 83% in June [1] - July's CPI increased by 319% year-over-year, lower than the 357% increase in June [1]

President Trump has slapped a 25% tariff on US imports from India - far higher than the levies applied to goods from the European Union, Japan and South Korea. Can India's economy handle it? https://t.co/TCnupDpwgx ...

President Trump is poised to hit Swiss imports to the US with 39% tariffs, among the highest levies globallyZoe Schneeweiss explains why the country is reeling https://t.co/LJWodvCQ9E https://t.co/zJdUDzoFWn ...

President Trump has slapped a 25% tariff on US imports from India - far higher than the levies applied to goods from the European Union, Japan and South Korea. Can India's economy handle it? https://t.co/FJzIWbvfBY ...

Trade Policy - The White House released adjusted reciprocal tariff rates [1] - The aim is to narrow trade deficits and raise revenues [1] Impact - The adjusted rates cover imports from a range of trading partners [1]

Tariff exclusions amounting to $1 trillion worth of imports are giving chosen companies an edge.Read The Big Take ⬇️ https://t.co/9xS4umKD1V ...

Trump will impose a 39% levy on imports from Switzerland, according to an executive order he signed Thursday night https://t.co/P5sGg3YiOX ...