Latest news with #TrumpTariffs
Reuters
22-07-2025
- Business
- Reuters
Belgian retail investors were net sellers of shares amid tariff uncertainty, regulator says
July 22 (Reuters) - Retail investors in Belgium were net sellers of shares in the last three months, a period marked by high uncertainty over U.S. President Donald Trump's tariffs, said the Belgian Financial Services and Markets Authority (FSMA) on Tuesday. WHY IT'S IMPORTANT: The data highlights how uncertainty over Trump's tariffs has caused many retail investors to cash in on their stock market portfolios, in case of a prolonged market downturn. The UBS 2025 Wealth Report, opens new tab ranked Belgium among Europe's top six wealthiest countries, with an average wealth per adult of around $349,000 - only surpassed by Switzerland, Luxembourg, Denmark, the Netherlands and Norway. KEY QUOTE: "Belgian investors were net sellers of shares in the run up to and in the days following the announcement of import tariffs," said the FSMA. Belgian retail investors carried out more than 1.17 million share transactions in the first quarter of 2025, the highest number since the first quarter of 2023, with the total value of sales exceeding that of purchases, said the FSMA. Belgium is introducing capital gains taxes on share sales from January 1 2026, although the first 10,000 euros ($11,700) of gains each year will be exempt. ($1 = 0.8541 euros)
Yahoo
21-07-2025
- Business
- Yahoo
Schlumberger Limited (SLB) Falls Following its Q2 Results
The share price of Schlumberger Limited (NYSE:SLB) fell by 10.69% between July 11 and July 18, 2025, putting it among the Energy Stocks that Lost the Most This Week. An aerial view of a well site, depicting the scale of oil and gas operations. Schlumberger Limited (NYSE:SLB) is the world's leading provider of technology for reservoir characterization, drilling, production, and processing to the global energy industry. Schlumberger Limited (NYSE:SLB) fell heavily this week following the company's posting of its results for Q2 2025. Although the firm's revenue of $8.55 billion managed to beat market expectations, it was down by almost 6.5% compared to last year. SLB warned of a likely decline in global upstream spending this year, led by weakness in North and Latin America. Similarly, Schlumberger Limited (NYSE:SLB)'s earnings of $0.74 per share also managed to narrowly top estimates but were still below the levels achieved last year. Moreover, the company has flagged a 20-40 basis points hit on its margins from President Trump's tariffs in the second half of the year, leading to a downward pressure on the stock. While we acknowledge the potential of SLB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Best Oil and Gas Dividend Stocks to Buy Now and The 5 Energy Stocks Billionaires are Quietly Piling Into. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19-07-2025
- Business
- Yahoo
SharpLink (SBET) Skyrockets 29% as Firm Now Largest Ethereum Holder
We recently published . SharpLink Gaming, Inc. (NASDAQ:SBET) is one of Wednesday's top performers. SharpLink Gaming extended its winning streak to a 7th consecutive day on Wednesday, jumping 29.03 percent to close at $37.38 apiece following news that it has become the largest holder of Ethereum cryptocurrencies globally. This followed the acquisition of 74,656 ETH last week, propelling its total ownership of the cryptocurrency to 280,706. The assets were acquired between July 7 and 13 at a weighted average price of $2,852 each. The transaction also coincided with SharpLink Gaming, Inc.'s (NASDAQ:SBET) successful raising of $413 million through the issuance of more than 24 million shares At-The-Market between July 7 and 11. As of July 13, SharpLink Gaming, Inc. (NASDAQ:SBET) said approximately $257 million of the total proceeds have yet to be spent on ETH purchases. Based on its historical earnings reporting dates, SharpLink Gaming, Inc. (NASDAQ:SBET) is slated to announce the results of its second quarter earnings performance in the second week of August 2025. While we acknowledge the potential of SBET as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bangkok Post
18-07-2025
- Business
- Bangkok Post
Nation edgy as decision day looms
The new US tariffs are set to have global repercussions and impact various countries unless negotiations for more favourable rates can be achieved prior to Aug 1. The US intends to impose a 36% reciprocal tariff on Thai goods, which could hinder the competitiveness of Thai products in the US market, especially when compared with rival nations such as Vietnam. Aat Pisanwanich, an analyst in international economics and advisor on Asean affairs at Intelligence Research Consultant, recently explored the implications of the policy, its potential impact, and outlined actions that Thailand ought to pursue moving forward. What are the main objectives of the US tariff measures? The primary goal of the American tariffs is to lower deficits with its trading partners. Last year, the US recorded a global trade deficit of US$1.2 trillion. Additionally, the government aims to boost its revenue from the elevated tariffs to make up for declines in corporate and personal income tax receipts. The revenue generated from these tariffs is expected to be dedicated to military spending and managing immigration under the One Big Beautiful Bill Act (2025). For the 2025 fiscal year, US tariff revenue is projected to reach $100 billion, based on the implementation of universal tariffs at 10%. Should reciprocal tariffs be introduced on Aug 1, the US will gain even more in tariff revenue and could potentially lure investment back to the nation. What are the principles behind the US tariffs? The US has imposed new tariffs, commonly referred to as the "Trump Tariffs" on nearly all countries due to its significant and prolonged trade deficits. These tariffs fall into two main categories: Universal tariffs: Trump announced a baseline 10% universal tariff on all imports to the US, regardless of whether the US has a trade surplus or deficit with them. These tariffs came into effect on April 5. Reciprocal tariffs: Effective as of Aug 1. The tariffs are calculated based on trade data in 2024, using the following formula: Import Tariff Rate (%) = (US trade deficit with a country ÷ US imports from that country) × 100 ÷ 2 For example, the US trade deficit with Thailand in 2024 was $45 billion, while total US imports from Thailand were valued at $63 billion. By applying the formula (45 ÷ 63) × 100 = 71.4% ÷ 2 = 35.7%, the resulting tariff rate is approximately 36%. The US has also enacted product-specific tariffs as part of its trade policy. Under Section 232, which addresses national security, the Department of Commerce is empowered to impose tariffs aimed at protecting the nation's economic security. These include a 25% tariff on imports of steel, aluminium and auto parts. It plans to impose a 50% tariff on copper and a 200% tariff on pharmaceuticals. Under the Tariff Act 1930, the US has set some extraordinarily high tariffs, such as a tariff of over 3,000% on solar panels from Cambodia and a tariff above 300% on those from Thailand. The US administration has utilised Section 301 to impose tariffs on a wide range of Chinese goods. What are the reciprocal tariff rates the US plans to impose on imports? Starting Aug 1, along with a 10% universal tariff applied to all imports, the US will impose reciprocal tariffs on imported products from various countries, with the rate varying by nation. If no agreements are reached before the deadline, the tariff rates will come into effect (see accompanying graphic). Mr Aat outlined the implications of these reciprocal tariffs on exported goods. For instance, consider Product A from Thailand. Previously priced at $100, the cost in the US will rise to $136 after Aug 1. In contrast, Product A from Vietnam, also previously exported to the US at $100, will see an increase resulting in a final price of $120, or $16 less than the Thai product. Are any Thai industries expected to benefit from the US tariff policy? The imposition of a 36% reciprocal tariff is not expected to favour any Thai industries, and the impact will differ from sector to sector. Last year, the value of Thailand's total exports to the US reached about $63 billion, with 85% industrial goods and 15% agricultural products. About 30% of industrial exports are conducted by small and medium-sized enterprises (SMEs), while larger exporters, both domestic and foreign, account for the remainder. Mr Aat said the most heavily impacted group would be Thai SMEs, due to the higher tariffs, heightened challenges in terms of competitiveness, and limited working capital. At the same time, they are also facing competition from an influx of Chinese products into the Thai market. Which industries will be negatively impacted? Mr Aat's assessment, based on Thailand's trade surplus value with the US last year, suggests several key industrial products are likely to be adversely affected by the new tariffs. These include communication and telecommunication equipment; computers and data processing systems; machinery parts; car tyres; electronic equipment and semiconductors; electric transformers and power supply equipment; motors and engines; rubber products; and electrical appliances. Additionally, agricultural products expected to be affected include rice and rice products; fresh and dried fruits; fruit and vegetable juices; and fresh and processed vegetables. How will Thai consumers be affected by the US tariff measures? According to Mr Aat, Thai consumers could experience a drop in income caused by a decline in exports, which would significantly slow down the economy. Although expenses may remain stable, the rising cost of living could become increasingly burdensome. There is also a high risk of job losses, business closures, and an increase in household debt. What actions should the government take to support affected industries? Mr Aat said the government must raise and allocate funds to stimulate the economy, as Thailand's economic growth could fall below 1% without such a stimulus, or might even face a contraction. Moreover, the government must provide support to farmers and affected SMEs, which could include tax exemptions, establishing compensation funds, exploring alternative markets, subsidising production costs, and offering low-interest loans. How are other countries assisting affected businesses and individuals? Mr Aat said Thailand should consider China's comprehensive measures, which include broad economic stimulus strategies, consumer support initiatives, the modernisation of manufacturing facilities through advanced technology, and fostering innovation via research funding. China is projected to allocate around $1 trillion to these efforts. Meanwhile, Indonesia has announced plans to distribute cash to low-income groups, along with a 30% discount on train fares, targeting about 18 million low-income individuals at a cost of around $1.3 billion.
Time of India
11-07-2025
- Business
- Time of India
Trump Tariffs Spark Outrage In Brazil After Lula Vows Retaliation
/ Jul 11, 2025, 12:48PM IST Thousands took to the streets of São Paulo's Avenida Paulista demanding tax reform and economic justice in Brazil. Organized by leftist groups and the Homeless Workers' Movement, the demonstration called for taxing the rich, protecting workers' rights, and resisting foreign economic pressure. Protesters also criticized a newly announced 50% tariff on Brazilian imports by U.S. President Donald Trump, calling it an attack on Brazil's economy. President Lula responded by threatening to invoke the country's economic reciprocity law if negotiations fail. The protest marks a growing shift in Brazil's left toward prioritizing economic and social justice.#TaxJustice #EconomicJustice #TaxTheRich #JusticeFiscal #ProtestoSP #AvenidaPaulista#LulaPresidente #TrumpTariffs #BrazilUSRelations #ReciprocityLaw#TrumpVsLula #EUAeBrasil #TradeWar
