By the end of August, the average duty rate on U.S. imports had reached its highest level since the height of the Great Depression in 1933

The economy has not yet felt the impact of US duties, the OECD said. When will the effect be felt?

Oracle Corporation

Donald Trump has called on the EU to impose duties of up to 100% on goods from China and India for buying Russian oil - following Washington, which has already raised import duties on Indian goods. Swedish fintech startup Klarna announced the results of its IPO in New York with a $15 billion valuation, while Oracle shares jumped 28% thanks to large cloud contracts and integration with OpenAI. These and other topics are in our review of key events on the morning of September 10.

Highlights for the morning: Trump's duties, Oracle rally, Klarna IPO and the dispute over Fed independence

Chevron Corporation

Uber Technologies, Inc.

Tesla, Inc.

ASML Holding N.V.

Broadcom Inc.

Kenvue Inc.

Advanced Micro Devices, Inc.

FASTENAL CO. R

Guidewire Software, Inc.

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.

Morning in New York: focus on possible duty removal and threat to Fed independence

Zscaler, Inc.

NIO Inc.

What to expect for investors in the stock market on September 2

Morning in New York: pressure on stocks persists

Robinhood Markets, Inc.

Gold hit an all-time high of $3570 an ounce and silver rose to a one-year peak amid pressure from Donald Trump. Brent crude oil prices rose to $69 per barrel in anticipation of the OPEC+ meeting, where production is expected to be maintained, and the US is increasing pressure on Russia and India over raw material supplies. On these and other topics - in our review of key events for the morning of September 2.

Morning highlights: gold hits record, oil rises, markets await Fed and OPEC+ decisions

A U.S. federal appeals court on Friday, August 29, ruled that most of the global duties imposed by President Donald Trump were illegal because he exceeded his authority in imposing them, Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-08-29/trump-s-global-tariffs-found-illegal-by-us-appeals-court?srnd=homepage-europe">reports </a>. Nevertheless, the justices allowed those duties to remain in effect while the case is heard again by a lower court.

US appeals court finds Trump's global duties illegal

Washington is willing to lower auto duties only after European fees are eliminated

EU to speed up lifting duties on U.S. goods to protect auto industry - Bloomberg

NVIDIA Corporation

EchoStar Corporation

Okta, Inc.

Morning in New York: Nvidia's quarterly report in focus

Meta Platforms, Inc.

Alphabet Inc.

The Estee Lauder Companies Inc.

Fed Chairman Jerome Powell gave hope for a rate cut in September at the annual economic forum in Jackson Hole. The White House confirmed the purchase of 10% of Intel. EU has accelerated work on the digital euro due to the passage of the U.S. Stablecoin Act. Meta struck a $10 billion deal with Google. Donald Trump met with Ukrainian President Vladimir Zelensky and European leaders in Washington. About the main events from August 18 to 22 - in our review.

Highlights of the week: Powell speech, Meta and Google deal, EU accelerates with digital euro

The U.S. and EU agreed on a trade deal last month 

Pharmaceuticals, chips and autos: US and EU clarify terms of trade deal

U.S. President Donald Trump, speaking to reporters on Friday aboard Air Force One, suggested that duties on U.S. semiconductor imports could rise by up to 300%, Bloomberg <a href="https://finance.yahoo.com/news/trump-says-semiconductor-tariffs-coming-125909996.html">reports</a>.

Trump says chip duties could reach 300%. Nvidia and AMD shares fell

Retail sales in the United States in July increased by 0.5% compared to June, the Census Bureau <a href="https://www.census.gov/retail/sales.html">reported</a>. The result matched analysts' expectations.

#Trade war: 50