August 09, 2025 09:55 ET Central bank decisions, foreign trade data and industrial orders figures were among the highlights this week that saw relations between the U.S. and India hit a new low after President Donald Trump announced a 50 percent tariff on exports from the latter in retaliation for buying Russian oil. That is among the highest slapped on countries exporting to the U.S. In other main news, the Bank of England rate decision this week drew attention as policymakers went for a rare second vote.