China’s trade had its worst week in almost three months, a sign this year’s record-breaking volumes may be starting to slow. https://t.co/2gUvwqej1E ...

US-Australia Trade Relations - Australia views the easing of beef import restrictions as an act of goodwill, not necessarily a direct response to US President Trump's requests [2][3] - Australia has a trade deficit with the US and minimal tariffs on US imports, except for 1-2 products [3] - The Australian Prime Minister aims to maintain Australia's bio security regime without compromising to US demands [4][5] Tariffs and Trade Deal Prospects - Australia currently faces a 10% tariff on its goods exported to the US [6] - Australia seeks to maintain the 10% tariff, if not eliminate it altogether, but the chances of elimination are slim [7] - Broader concerns for Australia involve the knock-on effects of tariffs imposed by the US on its other trading partners [8] Strategies for Economic Resilience - Australia is focusing on its own productivity, domestic competitiveness, and international competitiveness to increase the resilience of its exports [9] - Australia is reaching out to like-minded trading partners in the European Union, South Korea, and Japan to reinforce existing trade rules [10] - The industry believes that countries working together would be preferable in countering President Trump's trade policies, rather than negotiating individual bilateral deals [11]

US Trade Representative Jamieson Greer said “more negotiations” will be needed with India on a trade deal just days before an Aug. 1 deadline for higher tariffs https://t.co/YhEBn4wdoV ...

Asian leaders are quietly outraged by Trump’s strong-arm tactics linking trade to defense, writes @KarishmaJourno (via @opinion) https://t.co/JK2bbdl4JJ ...

>> LIVE FROM WASHINGTON, D. C. , THIS IS "BALANCE OF POWER" WITH JOE MATHIEU AND KAILEY LEINZ.JOE: NVIDIA CARVES OUT A NEW RECORD HIGH AS THE WHITE HOUSE GETS BACK TO THE NEGOTIATING TABLE WITH CHINA. WELCOME TO THE MONDAY EDITION OF "BALANCE OF POWER," AS THE ADMINISTRATION RESUMES TRADE TALKS WITH CHINA IN STOCKHOLM A DAY AFTER ANNOUNCING A TRADE FRAMEWORK WITH THE EU. I'M JOE MATHIEU ALONGSIDE KAILEY LEINZ IN WASHINGTON.YEAH, SHE'S BACK WITH US. KAILEY, IT'S GREAT TO SEE YOU. YOU LEAVE FOR A COUPLE DAYS ...

U.S. equities gained at midday on news of a new trade deal between the U.S. and the European Union. https://t.co/tyTsfMvMFx ...

today. This just broke roughly about 45 minutes, maybe an hour ago, and it looks like the uh tariff situation is improving as Donald J. Trump met with I believe this is uh European Commission President Ursula Vanderlion nailed it and uh it's in the books and the uh tariff situation, the tariff trade between the US and the EU is there with 15% tariffs.And before we go on, just a little refresher for the Americans in the back, such as myself, and don't lie. Uh, if you're in a most of us don't know, we know of ...

A US trade court has for now denied an effort to restore a tariff exemption for small-value packages from China that Donald Trump ended earlier this year https://t.co/OLoYy9Ff5U ...

Consumer & Economy - US consumer is holding in pretty well, supported by bank earnings, and consumer health is crucial as it represents approximately 69% of the economy [1][2] - Executive sentiment regarding future prospects is more important than backward-looking data, as it will drive corporate activity in the next 6 months and impact the broader macro view [3][4] Market Sentiment & Valuation - Market exhibits bullishness, especially among retail investors, indicated by the resurgence of meme stocks, crypto, and SPACs, requiring close monitoring [5] - Current valuations appear stretched relative to historical data, but valuations are more useful on a 5 to 10-year horizon [4][5] US-China Trade - US relies on China for rare earth minerals, potentially for another decade before achieving self-sufficiency [6] - China needs US chips, and US needs its chip and AI companies to thrive for wealth creation, suggesting a need for compromise between both countries [7] Fed Independence & Monetary Policy - Reduction of Fed independence could lead to a weaker currency, higher inflation, and higher long-term yields, as seen in other countries [10][11] - The market is closely watching potential dissents within the Fed, as two governors dissenting is not common and could impact rate volatility [13] - There is disagreement on whether the economy needs a rate cut, with some arguing that the stock market's all-time high suggests rates are not overly restrictive [15] Inflation & Tariffs - There is a risk of higher inflation in the second half of the year, potentially jeopardizing expectations of two Fed rate cuts by January [19] - The impact of tariffs on consumer prices is uncertain, with a possibility of increased tariff impact due to wound-down inventories and stricter government regulations on transshipments [17][18] AI & Productivity - The Fed's ability to model the productivity gains from AI over the next 18 to 24 months is questionable, making it difficult to set appropriate Fed funds rate [16] - Setting monetary policy based on uncertain AI productivity gains is considered nonsensical [17]

President's been making some comments in this bilateral. He's covered the Fed and rates. He's covered China, uh, Gaza and Russia.And now some comments on aluminum and steel. Take a listen. World.For the world, what percent will that be. I would say it'll be somewhere in the 15 to 20% range. So maybe 15 or 20 or No, I said, you know, I sort of know, but I just want to be nice. I would say in the range of 15 to 20%.UK probably one of those two numbers for UK steel aluminum makers here are worried about. Would ...