Trump Will Raise India’s Tariff Rate ‘Substantially’ Over Russian Oil Purchases—Here’s Why India Might Not Budge https://t.co/nlLzChZfML https://t.co/nlLzChZfML ...

Trump Will Raise India’s Tariff Rate ‘Substantially’ Over Russian Oil Purchases—Here’s Why India Might Not Budge https://t.co/TwA7YU7kyh ...

President Trump expressing some frustration with the country of India on Truth Social, his social media site. Uh just within the past couple of minutes, officials here saying this uh post reflects uh the president's frustration with his inability to get a trade deal with India. The president posting India is not only buying massive amounts of Russian oil.They are then for much of the oil purchased, selling it on the open market for big profits. They don't care how many people in Ukraine are being killed by ...

Trump will raise India's tariff rate over the country’s purchases of Russian oil, following up on a previous threat he made in July as India has indicated it will continue purchasing discounted oil from Russia. (Photo: Anna Moneymaker via Getty Images)https://t.co/1c9iEITqpu https://t.co/DRtJ1Q0s1D ...

Financial Markets Overview - The Dow is up 12% [1] - The S&P is up almost 14% [1] - NASDAQ is surging 18% [1] - The Bloomberg MAG Seven Index is up 19% [1] - Spot gold is up eight dollars the ounce, 3371% [1] - West Texas Intermediate crude is down 15% to 6629% [1] US Economic Policy & BLS - President Trump intends to announce a new Fed Governor and BLS Commissioner soon [1] - The President alleges the Bureau of Labor Statistics (BLS) data was rigged, but no evidence has been provided [1][2] - The former BLS chief is out, and the President will nominate a replacement [1] - Congress has been starving the statistical agencies of cash for years [2] - The response rate for the first May survey, which was revised downward significantly by the third one in July, was 42%, The final number was 89% response rate [2] Federal Reserve Board - Adriana Googler's departure creates an opportunity to nominate a new Fed Governor [1] - Jay Powell could stay on as governor until 2028, even if his term as chair is over in 2026 [2] - The market would assume that whoever is chosen would be that [2] International Trade & Tariffs - President Trump said he would hike India's tariff rate for buying Russian oil [1] - India responded, saying the targeting of the country is unjustified and unreasonable and will take necessary measures to safeguard its interests [1] - The PURL is a financing mechanism worth about 500 million euros, 570 $8 million [10] US-NATO-Ukraine - The U S would be providing more weaponry to Ukraine, but that distribution would be handled by NATO, and that NATO countries would pay for it [8] - The announcement of 570 $8 million worth of American weapons, munitions going to the Netherlands and then provided to the Ukraine is a big step forward [11]

Robert Frank has the details on this. So, dish, Robert, what is it. >> Well, Becky, it's the Swiss watch industry.They were in a panic over the weekend. That's because the US is by far their largest market in the world, totaling over $5 billion in sales last year. A 39% tariff that would be scheduled to take effect Thursday.That would virtually shut down sales. An analyst at Vontovo saying, quote, "It would be devastating for numerous brands in Switzerland." Now those brands are more dependent than ever on ...

Trade Relations - US may raise India's tariff rate 'substantially' due to Russian oil purchases [1] Geopolitics - India might not change its stance on Russian oil despite potential tariff increases [1]

Trump Will Raise India’s Tariff Rate ‘Substantially’ Over Russian Oil Purchases—Here’s Why India Might Not Budge https://t.co/F6bZP3wLH6 https://t.co/F6bZP3wLH6 ...

ETF Market Trends & Flows - ETF investors bought the dip, with IVV seeing inflows of $6 billion, VOO remaining a top choice, and VTI and Q's experiencing U S equity buying [2] - July saw $100 billion into ETFs, indicating a strong dip-buying trend similar to past instances where buying the dip proved successful [4] - Active ETFs are gaining traction, accounting for about 40% of total flows, with the U S active ETF market on pace to exceed $300 million, surpassing last year's record [9][10] - Derivative income remains the biggest category within the active ETF space, indicating investors' desire for downside protection and cash flow [14] - JP Morgan has taken in four times more than any other active fund shop in the past year [20] Ether ETF Surge - Ether ETFs experienced a turning point in July, with inflows of $4 billion, driven by momentum and institutional interest [26][27] - Ether is seen as more than just digital gold, offering income generation through staking, attracting treasury companies [30] - Ether ETF is potentially the fastest ETF ever to hit $10 billion [31] Humanoid Robotics ETF Analysis - Humanoid robotics ETFs aim to capture the trend of humanoid robots filling labor gaps in manufacturing and other sectors [34][39] - Tesla (11%) and NVIDIA (9%) constitute a significant portion (20%) of the HUMAN ETF, raising questions about thematic purity and potential overlap with existing holdings [35] - Morgan Stanley forecasts the humanoid robot market could be a multi-trillion dollar market by 2050 [47]

President Donald Trump said he would be “substantially raising” the tariff on Indian exports to the US over New Delhi’s purchases of Russian oil https://t.co/fQLREklyA5 ...