Economy News - August 29, 2025

Economy news from the last day.
Sources used:

Verse 1:
• Trump hits small packages with fresh tariffs as duty-free exemption ends
https://www.ft.com/content/43ae5c68-2f6b-4a6c-ba8e-3575a9fe685b
• De Minimis Tariff Exemption Has Ended. How Will It Affect Shoppers?
https://www.ft.com/content/a0225f09-61fb-44f9-b9e1-c378e36bd639
• When Mailing a Letter to the U.S. Becomes a Global Headache
https://www.bloomberg.com/news/articles/2025-08-29/indian-rupee-falls-to-record-on-worries-over-us-tariff-impact

Verse 2:
• Indian Rupee Falls to Record on Worries About US Tariff Impact
https://www.bloomberg.com/news/articles/2025-08-29/burned-by-stock-swings-polish-savers-miss-out-on-historic-rally
• Billionaire Ambani Targets Reliance Jio IPO by June 2026
https://www.nytimes.com/2025/08/29/style/now-on-sale-trumpworld-trolling-with-a-familiar-looking-hat.html
• Alibaba's Profit Slides After China Food War Slashes Margins
https://www.ft.com/content/a0225f09-61fb-44f9-b9e1-c378e36bd639

Verse 3:
• Stand up to Trump on Big Tech, says EU antitrust chief
https://www.nytimes.com/2025/08/29/style/now-on-sale-trumpworld-trolling-with-a-familiar-looking-hat.html
• Can Cadillac Keep Selling E.V.s as Trump Repeals Climate Policies?
https://www.bloomberg.com/news/articles/2025-08-29/burned-by-stock-swings-polish-savers-miss-out-on-historic-rally

#TrumpTariffs #DeMinimis #RelianceJio #Alibaba #Cadillac