Core Viewpoint - President Trump indicates openness to delaying the implementation of tariffs set to take effect on August 1, depending on suggestions from other countries [1] Group 1 - The effective date for the new tariffs is August 1, marking a new phase in the trade war initiated by Trump earlier this year [1] - Trump has communicated to trade partners, including Japan and South Korea, about the significant increase in tariffs starting August 1 [1] - The initial deadline for negotiations was set for April 9, which was later moved to July 9 following market turmoil, earning Trump the nickname "TACO" (Trump Always Comes Out) [1]

Core Viewpoint - Gold futures prices are in a downward trend, reversing all gains from the previous week, despite a year-to-date increase of nearly 23% [1] Group 1: Market Reactions - President Trump announced a 50% tariff increase on the EU, which initially caused a spike in gold prices, but the subsequent postponement of the tariffs by five weeks led to a decline in gold prices [1] - The strengthening of the US dollar on Tuesday added further downward pressure on gold prices [1] Group 2: Investment Sentiment - Despite the recent decline, the overall weakness of the dollar and market uncertainty continue to make gold an attractive defensive investment choice for traders [1]