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It became known about China's plans for the electrification of motor vehicles.
... the share of electric vehicles in passenger car sales in China could exceed 70% by 2027, Sergey Tereshkin, CEO of the petroleum product marketplace "Open Oil Market" (a Skolkovo resident), told RIA Novosti.
Earlier, U.S. President Donald Trump announced plans to impose an additional 10% tariff on Chinese goods starting February 1 and to sign an order introducing 25% tariffs on all goods from Mexico and Canada. Additionally, after taking office, he repealed an order by his predecessor, Joe Biden, which mandated that by 2030, half of all ...
Economic Events and Company Reports - Friday, August 8, 2025: Trump's Ultimatum, Baker Hughes Rigs, Reports from The Trade Desk and Kenvue
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Trump's Ultimatum and the Risk of New Sanctions
**Geopolitical risks are escalating:** Today marks the expiration of the 10-day ultimatum that U.S. President Donald Trump issued to Russia in the context of resolving the conflict in Ukraine. Previously, Trump expressed frustration over the lack of progress and threatened to impose tough secondary sanctions if a ceasefire was not reached by August 8. These measures could include 100% tariffs on trade with Russia and restrictions on countries buying Russian oil, gas, and other resources.
For the markets
, such a threat signifies heightened geopolitical tension and new risks for international trade. Investors will closely monitor statements ...
The Risk of Bankruptcy for Mercedes, BMW, and Volkswagen: What It Means for Investors
... results suggest that German automakers are struggling to cope with external challenges, including the competitive threat from Chinese electric vehicle manufacturers and an economic slowdown in Europe.
Major Risks Facing German Automakers
U.S. Import Tariffs:
Donald Trump has proposed raising import tariffs on vehicles as a measure to protect the U.S. auto industry. If tariffs increase (potentially from 10% to 200%), German automakers, who rely on the U.S. as a key export market, could lose significant revenue.
Declining ...
Key Economic Events and Corporate Earnings: Week of August 4 - 8, 2025
... softness/hardness in rhetoric. The imposition of U.S. tariffs adds to the nervousness: investors will evaluate the potential impact of tariffs on corporate profits. On the corporate front, the day's reports cover a wide range of sectors: morning publications from ... ... Economic Events:
USA–Russia: The deadline set by the U.S. President for resolving the conflict in Ukraine expires. Donald Trump had previously threatened to impose new sanctions against Russia by this date if no progress is made. The markets in the ...
Energy Sector News - Friday, August 1, 2025: Brent Holds Above $72; European Gas Storages Record High Filled
... improved investor sentiment and raised expectations for growth in U.S. oil and gas demand. Additionally, the U.S. has intensified dialogue with India to reduce trade barriers, easing global tensions.
Geopolitical Risks and Sanctions.
President Donald Trump has escalated rhetoric towards Moscow, issuing an ultimatum to resolve the conflict in Ukraine within about 10 days. He threatened to impose 100% tariffs on Russian exports and secondary sanctions against countries buying Russian oil if no progress is made. These statements have heightened uncertainty regarding global supplies and added a “risk premium” to the price of oil.
OPEC+ Actions.
Oil ...