Daily Brief | August 25th 2025

#IntercamNews ✅ At the annual Jackson Hole summit, central bankers agreed that the Federal Reserve’s independence has become a risk with international implications. ✅ Ursula von der Leyen, President of the European Commission, emphasized that the agreement reached with Washington provides stability and prevents a trade war, although she acknowledged it is not perfect and that some tariffs remain. ✅ Switzerland is trying to reduce the 39% tariffs imposed by Trump with a new package that includes defense purchases and greater access to U.S. natural gas, in hopes that the U.S. will lower the burden to levels similar to those applied to the EU.