Earlier this month, US President Trump signed an executive order, citing India's continuous purchase of Russian oil as the reason, to impose an additional 25% tariff on Indian goods on top of the existing 25% tariff, raising the total tax rate to 50%, which is much higher than the tariffs imposed by the US on other Asian-Pacific countries.
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The Trump administration has taken a very positive attitude towards intervening in the US economy and businesses, promoting a "transactional mindset" that believes the government is not just a regulator, but also a participant in the market.
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On August 22, 2025, Canadian Prime Minister Mark Carney announced a significant decision in Ottawa: effective September 1, Canada will remove retaliatory tariffs on US goods eligible for the United States-Mexico-Canada Agreement (USMCA), impacting approximately $21 billion worth of goods. This move marks a crucial step in Canada's nearly two-year trade dispute and sends a clear signal of goodwill.
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Recently, the US has adjusted its import tariff policy. Starting from August 24th, for packages worth less than 800 US dollars entering the US through non-postal channels, a 54% ad valorem tax or a 100 US dollars per piece specific tax (whichever is higher) will be imposed.
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Recently, Mercedes Benz CEO Kang Linsong issued a warning at an industry summit in Stuttgart that if the EU strictly implements the 2035 ban on the sale of fuel vehicles, the German automotive industry will face a crisis of 300000 job losses.
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US President Donald Trump injected nearly $9 billion into Intel in exchange for a 9.9% stake, a move the market viewed as a "rescue" for the chip giant.
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Just last week, the US trade negotiation team suddenly cancelled the plan to visit India from August 25th to 29th, marking the failure of this crucial negotiation that India had high hopes for.
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In 2025, the battle between the US and its allies over tariff reductions on autos and steel continued to escalate.
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Recently, it was reported that Google has reached a six-year cloud computing agreement with Meta Platforms worth more than $10 billion, adding that Meta will use Google Cloud's servers, storage, network and other services.
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In the competitive arena of the tech business, every move made by OpenAI and Google attracts much attention. Recently, OpenAI publicly and explicitly discussed the possibility of going public for the first time.
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It is an undeniable fact that the United States has declined in its capacity to build merchant ships and warships, lagging significantly behind countries such as China, South Korea and Japan.
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