Economic Stimulus Recommendations - Experts suggest the government should implement additional economic stimulus measures of 1 to 15 trillion RMB (approximately $137 billion to $206 billion USD based on current exchange rates) within 12 months [1] - The stimulus aims to boost resident consumption and mitigate the economic damage caused by US tariffs [1] - The report emphasizes the need for stronger counter-cyclical policies to maintain stable growth [1] Structural Reform Proposals - The report suggests expanding the individual income tax base and simplifying the value-added tax (VAT) structure in the long term [1] - The report highlights the importance of managing risks associated with SME lending to enable banks to lend to more productive sectors [1]

Core Point - Brazil plans to appeal to the World Trade Organization regarding U.S. tariffs, with a response expected to begin on August 1 [1] Group 1 - Brazil's President Lula announced the intention to challenge U.S. tariffs at the WTO [1]

Core Viewpoint - Brazilian Finance Minister Haddad described U.S. tariffs as an "aggressive act" representing the policies of former President Bolsonaro [1] Group 1 - The U.S. tariffs are perceived as a continuation of aggressive trade policies that were in place during Bolsonaro's administration [1] - Haddad's comments reflect ongoing tensions between Brazil and the U.S. regarding trade practices [1] - The Brazilian government is likely to seek ways to address and mitigate the impact of these tariffs on its economy [1]

Core Viewpoint - The decision on tariffs by former President Trump is purely political and lacks economic justification [1] Group 1 - The U.S. tariff threats are not based on any economic rationale [1] - The sustainability of U.S. tariffs is questioned from both economic and political perspectives [1]

Core Viewpoint - The CFO of Fast Retailing has indicated that the North American business will be significantly impacted by tariffs, particularly from fall to winter in the United States [1] Group 1 - The company anticipates a substantial effect on its operations in North America due to upcoming tariffs [1] - The expected impact is specifically highlighted for the period from autumn to winter [1]

Core Viewpoint - The Bank of Japan's Nagoya branch president indicates that strong demand is sustaining robust automobile exports to the North American market, but there is a high level of uncertainty regarding the impact of U.S. tariffs [1] Group 1 - Strong demand is driving steady automobile exports to North America [1] - There is significant uncertainty surrounding the effects of U.S. tariffs on these exports [1]

Core Viewpoint - The head of the Osaka branch of the Bank of Japan stated that the current U.S. tariffs have not significantly impacted the economy of the Kansai region [1] Economic Impact - The U.S. tariffs have not caused major economic effects in the Kansai region, indicating resilience in the local economy [1]

Core Viewpoint - The Bank of Japan reports that multiple regions indicate the impact of U.S. tariffs on exports and production is currently limited [1] Group 1 - The assessment from various regions suggests that the effects of U.S. tariffs on Japan's export activities are not significantly detrimental at this time [1] - Production levels in Japan remain stable despite the ongoing trade tensions with the U.S. [1]

Core Insights - The Peruvian Minister of Economy indicated that 5% of copper exports may be affected by potential U.S. tariffs [1] Group 1 - The statement highlights concerns regarding the impact of U.S. tariffs on Peru's copper export sector [1]

Core Viewpoint - The article discusses the impact of fluctuating U.S. tariffs on gold prices, indicating a downward trend in gold during the day and questioning whether bearish momentum can continue [1] Group 1: Market Reaction - Gold experienced intraday fluctuations, ultimately breaking down [1] - The Asian and European trading sessions saw a rebound, but it faced resistance [1] Group 2: Future Outlook - There is speculation on whether short positions can maintain their strength in the current market environment [1]