Economy News - August 27, 2025

Economy news from the last day.
Sources used:

Verse 1:
• Trump Raises Tariffs on India to 50% Over Russian Oil
https://www.ft.com/content/f02cd127-be4a-4de3-a5ad-eb8c01dc7e71
• US tariffs on India hit 50% as Trump-Modi ties sour
https://www.bloomberg.com/news/articles/2025-08-27/aluminum-copper-steady-as-china-industrial-profit-drop-slows
• UK long-term borrowing costs near highest level since 1998
https://www.nytimes.com/2025/08/27/style/joe-gebbia-trump-design-officer-airbnb.html

Verse 2:
• The A.I. Spending Frenzy Is Propping Up the Real Economy, Too
https://www.ft.com/content/9e19a396-9204-48b5-9cb5-4a4cc97148e7
• Stocks Steady as Traders Look Ahead to Nvidia: Markets Wrap
https://www.bloomberg.com/news/videos/2025-08-27/eu-to-propose-removing-us-tariffs-to-meet-trump-demand
• Aluminum, Copper Slip as the Dollar Climbs Against Peers
https://www.nytimes.com/2025/08/27/business/economy/ai-investment-economic-growth.html

Verse 3:
• EU moves to shield aluminium from Trump tariff blow
https://www.ft.com/content/bc3a60cf-c039-4b5f-bbbe-97f22e8a9edd
• French Markets Stabilize After Selloff as Political Vote Looms
https://www.bloomberg.com/news/articles/2025-08-26/stock-market-today-dow-s-p-live-updates
• Airbnb's Joe Gebbia is Trump's Chief Design Officer. Some Peers Are Skeptical.
https://www.nytimes.com/2025/08/27/business/economy/europe-defense-spending.html

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