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6:10 AM · 7 July 2025

Economic calendar: Tariffs back in the spotlight

EUR/USD
Forex
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Investors' attention today will once again turn to the issue of tariffs. The US president has stated that countries supporting the BRICS alliance policy, which is contrary to US interests, will be subject to an additional unconditional 10% tariff.

In addition, Trump administration officials have confirmed the extension of negotiations on tariffs. Treasury Secretary Scott Bessent said that if no agreement is reached, tariffs will return to their April 2 levels on August 1.

Trump has announced that letters regarding tariffs and/or agreements will be delivered on July 7 at 12:00 p.m. ET (6:00 p.m. CEST time).

As for macro data, we will not learn much today. A detailed calendar for the day is provided below:

 

 

 

8 January 2026, 6:57 PM

Daily summary: exceptionally low US trade deficit; dollar remains strong 📌

8 January 2026, 5:10 PM

NY Fed Survey: higher inflation expectations, but also higher equity price expectations 📄🔎

8 January 2026, 1:31 PM

BREAKING: EURUSD reacts to US jobless claims & labor costs data 🗽

8 January 2026, 10:20 AM

BREAKING: PPI in Eurozone higher than expected, unemployment falls

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