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Today · 2026-08-02 · Sun

Trump: The generic zero-tariff policy will be followed by 100 per cent, 200 per cent for two years

On 22 July, United States President Trump indicated that, effective 1 August 2026, all imported generics into the United States would continue to receive a two-year zero-tariff treatment; the tariff would then be raised to 100 per cent (one-year) and 200 per cent thereafter. The aim was to promote the return of generic pharmaceutical production to the United States and to impose penalties on enterprises that failed to establish production facilities and equip them within a specified period of time. The purpose of this policy is to protect the American population. The existing policy on patented, branded or innovative medicines, which has achieved significant results, will remain unchanged. At present, pharmaceutical facilities are being built on an unprecedented scale throughout the United States。

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UBS UP TO 8100 POINTS ON THE STANDARD 500 TARGET, WITH AN EXPECTED PROFIT REBOUND UNDERESTIMATED

UBS RAISED THE END-OF-YEAR TARGET FROM 7,500 POINTS TO 8100 POINTS, ARGUING THAT A MORE PROFITABLE BUSINESS OUTLOOK SUPPORTS A MORE OPTIMISTIC VIEW OF UNITED STATES EQUITIES. THE TARGET REPRESENTS AN INCREASE OF OVER 8 PER CENT FROM THE CURRENT 7440 POINT LEVEL. THE UBS EXPECTS A PROFIT GROWTH OF MORE THAN 28 PER CENT THIS YEAR FOR THE STANDARD 500, WELL ABOVE THE MARKET CONSENSUS, AND SEMICONDUCTOR COMPANIES WILL BE THE MAIN DRIVERS. UBS ALSO NOTED THAT THE GROWTH OF CAPITAL EXPENDITURE AND DEMAND WENT BEYOND THE SCIENCE AND TECHNOLOGY INDUSTRY, ARGUING THAT THE WIDESPREAD PROFITABILITY OF TECHNOLOGY COULD OFFSET CONTINUING GEOPOLITICAL AND MACROECONOMIC RISKS。

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Trump threatened to levy customs duties, and Canada cancelled the Gordy Hau International Bridge bus service

According to early release A, United States President Trump threatened to impose a 50 per cent tariff on Canadian commodities, and Canada therefore cancelled the joint United States-sponsored Goddy Howe International Bridge Bridging celebrations. The spokesperson for the Minister of Infrastructure of Canada stated that the Gordy Howo International Bridge, which cost $6.4 billion (approximately $4.5 billion), was still scheduled to travel on 27 July, but that, given the threat of trade action by the United States, it was no longer appropriate to continue the celebration。

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The Fed's probability of maintaining interest rates unchanged in July is 74.9 per cent

ON 22 JULY, ACCORDING TO THE CME FEDERAL RESERVE WATCH: THE PROBABILITY OF THE FED MAINTAINING INTEREST RATES IN JULY WAS 74.9 PER CENT, AND THE PROBABILITY OF A CUMULATIVE INCREASE OF 25 BASIS POINTS WAS 25.1 PER CENT. THE FED HAD A PROBABILITY OF MAINTAINING INTEREST RATES CONSTANT BY SEPTEMBER OF 28.9 PER CENT, WITH A RATE OF 55.7 PER CENT FOR 25 BASIS POINTS AND 15.4 PER CENT FOR 50 BASIS POINTS。

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one million new hypes worth about $61 million

OnchainLens reported that more than $1 million (approximately $61 million) were currently pledged. A non-active Hyperliquid whale, with 387,800 hypes (approximately $23.42 million) pledged in two wallets, 276,300 hypes and 111,500 hypes, has been pledged again since November 2025. The whale pledged 619,120 hypes in its previous activities in November 2025, with a cumulative pledge of 1,006,000 hypes (approximately $61.16 million)。

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Zelensky decided to appoint De La Pat as Commander-in-Chief

The President of Ukraine, Zerens, based on a social media address on the night of the 21st, decided to replace Alexander Sersky as Commander-in-Chief of the UAF by Mikhail Drapat. Zelensky indicated that on the same day he had discussed with Drapat, Yevgeny Hemara, Acting Minister of Defence, and Pavel Palisa, Deputy Director of the Office of President, the restructuring of the General Staff of the Armed Forces of Uganda, all of which would be formally finalized on 22 days. De La Pat has served in recent years as Commander of the ULA and then as Commander of the UJF。

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KOREAN MEDIA: RICH INVESTORS RECENTLY BOUGHT SINGLE-SHARE ETF FOR SAMSUNG AND SK HERCULES

ON 22 JULY, HIGH-NET-VALUE INDIVIDUALS WITH MORE THAN 10 BILLION WON IN FINANCIAL ASSETS WERE ALSO ACTIVELY BUYING LEVERAGE ETF, TWO SHARES LINKED TO SAMSUNG ELECTRONICS AND SK HERCULES. AMONG THE BULK INVESTORS, PEOPLE IN THEIR 40S BUY TRISTAR ELECTRONICS AND SK HERCULES SINGLE LEVERAGING ETFS ON A LARGE SCALE. THE SEOUL JOURNAL OF ECONOMICS COMMISSIONED A MAJOR VOUCHER TO ANALYSE THE PORTFOLIO OF 25,000 HIGH-NET-VALUE INDIVIDUALS FROM 27 MAY TO 10 JULY OF THIS YEAR. THE ANALYSIS FOUND THAT OF THE TOP FIVE TARGETS FOR NET PURCHASE, THREE WERE SINGLE LEVERAGE ETFS LINKED TO TRISTAR ELECTRONICS AND SK HERCULES. THEY BOUGHT A NET OF 17,81 BILLION WON OF “KODEX SK HERCULES SINGLE LEVERAGE ETF” AND 14,1 BILLION WON OF “TIGER SK HELIX LEVERAGE ETF” AND 11,666 MILLION WON OF “KODEX THREE-STAR ELECTRONIC LEVERAGE ETF”. GIVEN THAT THE REMAINING TWO OF THE TOP FIVE TARGETS ARE ALSO THREE-STAR ELECTRONICS AND REGULAR SHARES OF SK HERCULES, THIS SUGGESTS THAT WEALTHY INVESTORS HAVE ADOPTED A STRATEGY OF REBALANCING THE KOREAN STOCK MARKET'S “TWO GIANTS.”。

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The Canton block chain developer Digital Asset received an additional $10 million in financing, which totalled $365 million

On 22 July, according to sources quoted by The Block, the Canton block chain developer Digital Asset received an additional $10 million investment from the New Korea Financial Group and SC Ventures. This brought the company ' s total current financing to $365 million, up from $355 million previously. The Digital Assembly is a company-level block chain interoperability agreement designed to achieve privacy protection and controlled sharing of assets between different agencies。

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THE DEBATE IN THE UNITED STATES CONGRESS ON THE POWER TO PREDICT MARKET REGULATION ESCALATED THE DISPUTE BETWEEN THE CFTC AND STATE GOVERNMENTS

The United States House of Representatives Committee on Agriculture Digital Assets panel held hearings to discuss the regulation of sports games through market forecasting, and lawmakers questioned whether existing laws and the resources of the CTC were sufficient to regulate this fast-growing industry. Over the past year, the Chairman of the CTC, Michael Selig, has taken a strong stand, arguing that the Agency has "exclusive jurisdiction" over the forecasted markets of Kalshi and Polymucket and has instituted proceedings against several states. However, the Länder countered that the platforms were in violation of the local law on gambling, in particular the provisions relating to sports. As the industry expands rapidly, the problem becomes more and more urgent. The current valuations for Kalshi and Polymarket are approximately $22 billion and $15 billion, respectively, and the CFTC initiated a rule-making process in March aimed at establishing a broader regulatory framework for forecast markets. Congressman Dusty Johnson said, "The courts and committees are acting, and I don't think Congress should remain silent. * I'm sorry *

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