Makana 360 Daily Report – August 4, 2025
📌 Switzerland considers new offer on Trump tariffs — After U.S. President Donald Trump imposed a 39% tariff on Swiss goods effective August 7, Swiss Business Minister Guy Parmelin signaled a potential shift in trade strategy. Options include boosting U.S. LNG imports or Swiss investment in America. President Karin Keller‑Sutter is prepared to travel to Washington to negotiate directly.
📌 OPEC+ to hike oil output in September — The alliance agreed to raise production by 547,000 barrels per day, reversing prior cuts. With an additional boost for the UAE, the move will add roughly 2.4% of global demand. Oil prices dipped on the news, with Brent falling to $69.24 and WTI to $66.94.
📌 VinFast opens India plant, eyes local sourcing — Vietnamese EV-maker VinFast launched its first Indian facility in Tamil Nadu with an initial 50,000-vehicle capacity, scaling to 150,000. As part of a $2B investment, $500M will be deployed in the first five years. The firm is negotiating with suppliers to shift component production to India and has secured export orders from Sri Lanka, Nepal, and Mauritius.
📌 BTS x MJ collab trends worldwide — BTS sparked global buzz after news broke they recorded an unreleased Michael Jackson track for a tribute album. The story generated over 3.5M mentions across platforms, blending K-pop fandom with global pop legacy.
📌 Ferrari’s Leclerc sparks fan reaction — Charles Leclerc addressed his Ferrari’s technical problems post-race, sparking 1.7M mentions online as motorsport fans debated the team’s ongoing challenges.
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