US tariff revenue reached a fresh monthly record in July, though the increase wasn’t enough to prevent a widening in the monthly budget deficit — pointing to the federal government’s continuing fiscal challenges https://t.co/lX9IwemUXp ...

Inflation Trends & Analysis - CPI inflation has been running at a 19% annualized rate since the president took office [1] - There is no evidence of tariff-induced inflation at the aggregate level [1][3] - Relative price changes are expected, but no overall inflation impact from tariffs is observed [2][3] - Core inflation numbers were slightly higher, with used cars and airfares being strong categories [4][5] Factors Influencing Inflation - Illegal immigration is estimated to have boosted rents by about 4% to 5%, contributing to overall inflation [6] - Strong border policies are expected to lead to service disinflation as net migration decreases [8] - Deregulation, capital stock expansion, and energy abundance are part of a government approach to disinflation [8] Used Car Market - There was no material increase in new car inflation, suggesting used car price increases are not directly linked to tariffs [9][10] - The premise that new car price increases would automatically inflate used car values is false in this instance [10]

President Donald Trump assailed David Solomon, the CEO of Goldman Sachs Group Inc. on Tuesday, saying the bank had made a “bad prediction” about the impact of his sweeping tariff agenda on markets and consumer costs https://t.co/W6EQZIhD0b ...

Forbes Daily: Another China Tariff Extension https://t.co/5IiDaF0dY9 ...

Forbes Daily: Another China Tariff Extensionhttps://t.co/6Ii226MY4p https://t.co/YpHg79avT2 ...

Market Expectations & Trade Negotiations - The market had largely priced in the complexities of US-China trade negotiations, leading to a muted reaction in Chinese equities [2] - The extension of trade negotiations implies that many details still need to be resolved, contributing to a "wait and see" attitude in the market [2][3] Consumption Trends in China - Despite deflationary pressures, new consumption themes are emerging in China, driven by both younger and older generations [4][5] - These themes include increased spending on jewelry, collectible toys, skincare, and travel, reflecting a desire for self-indulgence amid economic challenges [5] - The "new consumption" trend is expected to continue, influenced by generational shifts and current economic conditions [6] Electric Vehicle (EV) Market - China's EV market is a significant driver for its economy, with increasing exports [7] - The primary concern for Chinese EV producers is domestic competition, with many companies developing high-quality, advanced products [8] - Competition within the Chinese EV market is intensifying due to the emergence of high-quality products and enhanced user experiences [8]

Trade Policy - US and China extend tariff truce for another 90 days [1] - US tariffs on Chinese imports remain at 30% [1] - Chinese tariffs on US goods remain at 10% [1] - Original tariffs were scheduled to snap back to 145% and 125% respectively [2] Geopolitics and Trade Relations - India is considered an ally, but faces trade pressure [3] - China is considered the "worst" but receives more lenient treatment [3] - Pragmatic approach is prioritized over consistent principles in trade negotiations [4] - Maintaining trade relations with China is considered important [4] - Europe also deserves "tough love" in handling trade matters [6]

The US and China extended their tariff truce, providing some stability through peak shipping season https://t.co/g14tF0zcUu ...

South Africa will submit a revised trade-framework deal to the US as it seeks to reduce a 30% tariff imposed by President Donald Trump https://t.co/I7JQJ65U3T ...

Market Trends & Geopolitics - 美国总统特朗普暂停对华关税 90 天，为贸易谈判争取时间 [1][6][8][45] - 特朗普政府或允许英伟达向中国出售降级版 AI 芯片，但中国敦促企业避免使用英伟达芯片 [6][12][13][45][47] - 中国敦促国内公司不要使用英伟达 H20 芯片，可能出于国家安全考虑 [44][45][47][48] - 挪威主权财富基金因对以色列投资的公众抗议，撤资 11 家以色列公司并终止所有在以色列的外部管理合同 [42] Monetary Policy & Economic Data - 市场预计美联储年底前降息略高于两次，关注美国 CPI 数据 [4][25][87] - 美国7月CPI数据是本周乃至本月最重要的经济数据，核心CPI月环比预计从0.2%升至0.3% [4][25][26] - 英国 GDP 增速放缓，关注就业数据，经济学家警告高税收对增长的影响 [62][63] Company News & AI - 马斯克指责苹果公司偏袒 OpenAI，威胁采取法律行动 [1][46][53] - 微软与 Data Sniper 合作，将 AI 代理嵌入审计工作流程，提高效率 [71][72] - Data Sniper 约 60% 的新客户选择其产品，因审计和财务领域存在大量人才短缺 [75] - Micron 提高了第四季度销售和利润预期，原因是价格上涨和高带宽内存需求 [60] - 福特公布了一项 50 亿美元的经济型电动汽车计划，目标是推出 3 万美元的卡车，于 2027 年开始推广，以对抗中国竞争对手 [60] - Paramount 以 77 亿美元的价格购买了美国终极格斗冠军赛所有赛事的独家转播权 [61] Leadership Changes - 特朗普任命 EJ Antony 领导劳工统计局 [19] - 达拉斯联邦储备银行行长正在角逐美联储主席一职 [1][46] Banking & Finance - 西班牙第二大银行决定维持收购要约 [37][38]