In July 2025, stock markets across Asia surged following a series of U.S. trade agreements, while global indices rallied on renewed optimism.

The Trump administration has finalised its list of country‑specific “reciprocal” tariff rates that will take effect on August 1, following a temporary suspension that extended a baseline 10% duty for most nations. The White House said affected countries will face rates ranging from 20% to 50%, replacing the interim blanket levy introduced in April 2025.

U.S. President Donald Trump has finalised a sweeping new round of tariffs on key Asian trade partners, targeting exports to the United States.

The United States is still the world’s largest wine consumer, with an impressive 33.3 million hectolitres consumed annually.

The U.S. “reciprocal tariffs” under President Donald Trump’s trade policies are poised to disrupt global trade flows. Data from the White House highlights the top 10 countries most affected by the 2025 tariff hikes, with China, Cambodia, and Vietnam topping the list.