Articles in this Cluster
31-07-2025
The article discusses the upcoming tariff deadline set by U.S. President Donald Trump's administration, with various countries having reached deals with the U.S. except for India, which faces a 25% tariff and an additional 'penalty' for its dealings with Russia. The article also covers other market news, including the Federal Reserve's decision to hold interest rates, Meta Platforms and Microsoft beating earnings expectations, and investors aggressively borrowing money to buy stocks.
Entities: Donald Trump, India, Russia, United States, Federal Reserve • Tone: analytical • Sentiment: neutral • Intent: inform
31-07-2025
The article discusses the upcoming August 1 deadline for the Trump administration's suspension of 'reciprocal' tariffs, which could lead to higher tariffs globally. The US has managed to make only eight trade deals in 120 days, with key trading partners like Canada, Australia, and India yet to reach an agreement. The article highlights the terms of the deals made with countries like the UK, Vietnam, Indonesia, Philippines, Japan, EU, and South Korea, and notes that countries without a deal may face a higher global baseline tariff of 15-20%.
Entities: Donald Trump, United States, European Union, China, India • Tone: neutral • Sentiment: negative • Intent: inform
31-07-2025
The European Union and the United States have reached a preliminary trade agreement, averting a potential trade war sparked by President Donald Trump's 'Liberation Day tariffs' in April. The deal, announced on July 27th by Trump and Ursula von der Leyen, head of the European Commission, involves the EU making concessions to keep Trump happy while minimizing economic damage.
Entities: European Union, United States, Donald Trump, Ursula von der Leyen, European Commission • Tone: neutral • Sentiment: positive • Intent: inform
31-07-2025
The article discusses President Trump's recent statements regarding the Federal Reserve and its chairman, Jerome Powell. Trump initially threatened to sack Powell but later stated he had no plans to do so. The article argues that Trump's reprieve is temporary and that his attacks on the Fed will continue, citing his history of making sudden changes in economic policy.
Entities: Donald Trump, Jerome Powell, Federal Reserve, White House, Canada • Tone: analytical • Sentiment: negative • Intent: analyze
31-07-2025
US President Donald Trump announced a new trade deal with South Korea, imposing a 15% tariff on South Korean goods. The deal includes a $350 billion investment fund, with $150 billion dedicated to shipbuilding cooperation. South Korea's President Lee Jae Myung said the agreement eliminated uncertainty in the export environment. The deal comes ahead of the August 1 tariff deadline, and follows Trump's demands for trading partners to comply with his trade policies.
Entities: Donald Trump, South Korea, United States, Lee Jae Myung, Truth Social • Tone: neutral • Sentiment: neutral • Intent: inform
31-07-2025
French President Emmanuel Macron's diplomatic efforts, including recognizing a Palestinian state and opposing US ambitions in Greenland, are dismissed by President Donald Trump as inconsequential. Macron's actions are seen as attempts to assert France's relevance on the global stage, but are criticized by Trump and others as lacking weight.
Entities: Emmanuel Macron, Donald Trump, France, United States, Gaza • Tone: neutral • Sentiment: negative • Intent: inform
31-07-2025
The White House, under President Trump, has issued an executive order setting new tariff rates for over 65 countries and the European Union, with some rates taking effect immediately or in the near future. The order includes a 35% tariff on certain goods from Canada starting Friday, while other countries not listed will face a 10% additional rate in seven days. The administration is continuing negotiations with various countries, including China and Mexico, and has imposed an additional 40% tariff on transshipment.
Entities: President Trump, White House, United States, Canada, China • Tone: neutral • Sentiment: negative • Intent: inform
31-07-2025
President Trump threatened Canada on the eve of a trade deadline, stating it would be 'very hard' to make a trade deal due to Canada's plan to recognize Palestine as a state. Trump had set an August 1 deadline for countries to finalize trade deals, warning of tariffs up to 50% otherwise. Canada's decision followed similar moves by France and a potential recognition by Britain, which Trump dismissed as insignificant.
Entities: Donald Trump, Canada, Mark Carney, Palestine, United States • Tone: neutral • Sentiment: negative • Intent: inform
31-07-2025
President Donald Trump has expressed concerns over reaching a trade deal with Canada after the country announced its plan to recognize a Palestinian state. Trump stated on Truth Social that this move would make a trade deal 'very hard.' The development comes as higher U.S. tariffs are set to come into force, throwing talks with Ottawa into question.
Entities: Donald Trump, Canada, Palestine, United States, Mark Carney • Tone: neutral • Sentiment: negative • Intent: inform
