Today’s headlines: Philippine economy, US’ tariff rates, sports spaces | The wRap | August 7, 2025

Here are today’s headlines – the latest news in the Philippines and around the world: 
- Philippine economy grows 5.5% in Q2 2025 amid cooling inflation
- Phivolcs’ Pinatubo monitoring equipment worth P1 million stolen in Tarlac
- LIST: The new tariff rates Trump set on US imports effective August 7
- Australia's Great Barrier Reef suffers record coral decline following mass bleaching
- PSC chair Gregorio urges more LGUs to open existing sports spaces for public

https://www.rappler.com/video/daily-wrap/august-7-2025/