U.S. stock futures are pointing lower as investors digest earnings from Walmart and review the latest trade agreement between the U.S. and EU. Here's what investors need to know today. https://t.co/dcfNXZO5pH ...

Trade Policy - European officials will continue to push for lower tariffs on wine and spirits [1] - A trade agreement with the US leaves exports to America subject to 15% levies, prompting industry outcry [1]

Trade Agreement Overview - US and EU release joint statement detailing trade agreement, viewed as a positive step [1] - US aims to use trade agreements to diminish the relevance of the World Trade Organization [2] Tariff Adjustments - EU intends to eliminate tariffs on all US industrial goods and provide preferential market access for US seafood and agricultural goods [2] - US commits to apply a tariff rate of 15% or the US most favored nation tariff rate, whichever is higher, on goods from the EU [2] - US will reduce tariffs on European automobiles after the EU formally introduces legislative proposal to enact tariff reductions [3] - EU pharmaceuticals tariff will not exceed 15%, lower than the potential 250% suggested previously [5] Energy and AI - EU intends to procure $750 billion worth of US liquified natural gas, oil, and nuclear energy products through 2028 [4] - EU intends to purchase at least $40 billion worth of US AI chips for its computing centers [5] Investment Expectations - EU firms are expected to make purchases up to $600 billion in US sectors, monitored by the US [6][7] - The EU cannot force private companies to invest, so the US will monitor and revisit the agreement if problems arise [9] Pharmaceutical Industry Impact - A 15% maximum tariff on pharmaceuticals is considered elevated compared to previous rates, but welcomed as it could have been worse [9][10][12]

印度商业金融新闻网络NDTV Profit引述知情人士的消息报道称，美国贸易谈判代表取消原定这个月25到29日到印度举行会谈的行程，导致两国在这个月27日的期限前达成协议的希望落空。另据路透社，目前还无法确认报道的真实性。此前两国代表已进行五轮谈判，但在印度拒绝开放农业和乳制品市场，以及停止购买俄罗斯石油后，谈判破局。 ...

Trade Agreement Implications - UK-US trade agreement details are critical for British carmakers [1] - The agreement's specifics could pose challenges ("devil in the details") for the industry [1]

U.S. trade negotiators wrote to the European Union outlining their version of a long-awaited trade agreement between the two regions, an EU spokesperson said, as both sides work to finalize a deal https://t.co/qrJsh1nTxM ...

What is our understanding at a time, of course, when negotiations between the US and China continue. We have that 90 day extension in terms of what this agreement could look like if investments in the US and China are not part of that. There is so many touchpoints, there are so many touch points, as you say, when it comes to that relationship.And if you can't talk about actual investment, which has been a consistent concern, not just with China, but you mentioned Japan as well, the Nippon Steel Deal has rea ...

Trade Policy & Deadlines - The US is approaching an August 1st deadline for imposing reciprocal tariffs on nations without trade agreements [1] - Multiple trade deals have been made leading up to the August 1st deadline, including deals in Southeast Asia and with the European Union [2][3] - A deal with India seems unlikely, with potential for a 25% reciprocal tariff [3] - The August 1st deadline is firm and will not be extended [4] China Trade Relations - Tariffs on goods from China currently range from 50% to 55%, depending on the product [5] - The deadline for Chinese tariffs is August 12th, with potential for extension by 90 days [5][6] - If no agreement is reached and the deadline isn't extended, tariffs on China could increase from 50-55% to 80-85% [6] - US and Chinese delegations are in meetings to avoid escalating the trade war [6][7] Overall Impact - US tariffs are expected to be significantly higher than when the Trump administration took office [8] - The US is becoming a more protectionist economy [9]

Europe’s nationalist parties have taken aim at the trade agreement the European Union announced with the US over the weekend, just as mainstream politicians have started expressing their own concerns https://t.co/jXOJSZ1dQe ...

Trade Agreement Overview - US and EU reach a trade agreement, averting a potential trade war [1][6] - The deal includes a 15% tariff on most European goods, including cars [1] - EU agrees to purchase $750 billion of American energy and invest $600 billion into the US [1] - Aircrafts, certain chemicals, and some pharmaceuticals are exempt from tariffs [2] - The 50% tariff on steel will remain unchanged [2] Tariff Rate Comparison - The 15% tariff is lower than the previously threatened 30% but higher than the EU's desired 10% [3][9] EU's Perspective - The EU expresses frustration as the deal may significantly impact European GDP [10] - The EU is actively pursuing trade agreements with the Indo-Pacific region, Latin America, Southeast Asia, and Africa [10] - These deals aim to reduce trade barriers and increase trade, potentially diverting growth from the US [11] Long-Term Implications - The agreement may lead to a rebalancing of global trade and alliances [13] - There are concerns that the agreement could set a precedent where the US prioritizes tariffs and trade over its relationship with Europe [8] - Increased tariffs may lead to higher prices for American consumers [14][17] - Companies have been absorbing costs, but this is unsustainable, suggesting prices will eventually rise [18][19]