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Trump Threatens 100% Chips Tariff, Hikes India Levy To 50% | Horizons Middle East & Africa 8/7/2025

DeFi Daily News by DeFi Daily News
August 7, 2025
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Trump Threatens 100% Chips Tariff, Hikes India Levy To 50% | Horizons Middle East & Africa 8/7/2025
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President Trump says he’ll impose a 100% duty on chips unless they’re made in the US.. he also doubles the levy on Indian imports to 50% over Russian oil purchases. Trump says there’s a “very good chance” he’ll meet with Vladimir Putin and Volodymyr Zelenskiy soon to broker peace. Three Fed officials voice concern about the US labor market, with comments pointing to a potential rate cut in September. Guests include: Eric Robertsen, Standard Chartered, Global Head of Research & Chief Strategist; Ali Siddiqi, Adnoc Distribution CFO; and Sunil Kumar, Spinneys CEO.

Horizons Middle East & Africa is your daily spotlight on one of the world’s fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg.

Chapters:
00:00:00 – Introduction
00:05:04 – Trump threatens 100% chip tariffs and hikes India levy to 50%
00:09:21 – Eric Robertsen, Standard Chartered, Global Head of Research & Chief Strategist
00:17:09 – Russia-Ukraine: Trump says good chance he’ll meet Putin, Zelenskiy to broker peace
00:27:38 – Ali Siddiqi, ADNOC Distribution CFO
00:33:03 – Bank of England expected to cut rates to lowest in 2-years
00:36:40 – Sunil Kumar, Spinneys CEO
00:43:39 – Saudi Arabia reforms stock market rules to lure foreigners
——–
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Tags: ADNOCafricaAppleBloombergBloomberg NewsBloomberg TelevisionBloomberg TVBOEChinachipsDonald TrumpEastfedFederal ReserveGazagaza stripGhanaHikesHorizonsIndiaIsraelIsrael governmentisrael palestine conflictJennifer ZabasajjaJoumanna BercetchelebanonLevyMiddlemiddle eastMideastNigeriaRussiasaudi arabiasouth africastandard charteredtariffThreatenstradeTrumptrump tariffsUkrainezambia
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