Marketplace All-in-One What's in the U.S.-EU trade deal?
Aug 5, 2025
Discover the implications of a new 15% tax cap on European imports, affecting industries like pharmaceuticals. Uncover Amazon's evolution from bookseller to tech giant, investing heavily in AI and cloud computing. Explore how traditional retailers are reshaping their strategies in response to Amazon's competitive pricing and rapid delivery. Plus, delve into the mixed financial results of major oil companies and what shifting crude prices mean for consumers at the pump.
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Key details of U.S.-EU trade deal
- The U.S.-EU trade deal caps taxes on most European imports at 15%, including pharmaceuticals and semiconductors.
- European cars and parts tariffs will reduce from 27.5% to 15%, with exceptions like steel and aluminum.
Amazon's diversified ecosystem
- Amazon is evolving into a tech conglomerate spanning retail, cloud computing, advertising, logistics, and entertainment.
- Its cloud and ad businesses generate high margins, subsidizing the lower-margin retail operations.
Oil companies' mixed earnings amid oversupply
- Big oil companies show mixed earnings due to OPEC+ raising production and causing oversupply.
- Cost cutting and asset sales help them earn more at current oil prices than years ago, but smaller firms struggle.