V i e w p o i n t | 2. Negative news: 02 Jul 2025 23:09:28 ET │ 17 pages Asia Economics & Strategy Daily Strategy: EM Impact as 90d Tariff Deadline Nears; CN Data; IN Potential Trade Deal CITI'S TAKE EM Asia Strategy Comments: US -Vietnam trade deal – implications for rest of EM Asia as we approach the 90-day tariff exemption deadline; JP Economic Indicator Forecast; CN Data Preview; Potential India-US Trade Deal; KR Second Supplementary Budget May be Cut; July BoK MPB Preview; Upcoming events: EA Service P ...

Economic Impact of Tariffs - American economy is experiencing an odd tension due to tariff chaos [1] - Prices in shops haven't risen much, and markets are back at highs, suggesting a calm surface [1] Market Sentiment - There's a tension in how the tariff chaos is hitting the American economy [1]

Donald Trump says any country aligning with BRICS’ “anti-American” policies will face an additional 10% tariff.Get this and the rest of the news you need to start your morning with the Daybreak Europe podcast. https://t.co/Ir36V26c0u ...

Trade Policy - US President Trump threatens an additional 10% tariff on BRICS nations, labeling them 'Anti-American' [1] - Tariff letters regarding the new tariffs will be sent out today [1]

Trade Policy - US to impose an additional 10% tariff on countries aligning with "the Anti-American policies of BRICS" [1] Geopolitical Implications - Increased uncertainty in US trade negotiations [1]

Trade Policy - A potential 10% tariff on countries aligning with "the Anti-American policies of BRICS" is indicated [1]

Disaster Relief Efforts & Impact - Four deaths and 11-13 missing in Travis County due to severe weather [2] - Approximately 50 rescues have already occurred [4] - Search and rescue efforts are ongoing, with limited access to some areas due to road closures [3] - Potential impact of staffing shortages at the National Weather Service on alert effectiveness is under investigation [8][11] Climate Change & Weather Patterns - Severe weather events are seemingly happening more frequently [5] - For every 1 degree Fahrenheit increase in temperature, there's an estimated 4% increase in moisture content, leading to weather intensification [9] - Concerns about adequate staffing at NOAA and the National Weather Service for informing and alerting people about natural disasters [10] Trade War & Tariffs - New tariff rates, some as high as 70%, are being considered for various nations [12] - Businesses are facing uncertainty and paying a heavy price due to the trade war [15] - Consumers are experiencing higher prices, impacting back-to-school shopping and grocery costs [16] Healthcare & Budget - Passage of a bill is expected to result in higher insurance premiums and loss of coverage for millions of Americans [17][21] - Energy prices are projected to increase by 16-17% [21] - National debt is increasing by trillions of dollars, leading to potential cutbacks in payments to physicians and healthcare providers [22]

Tariff deadline pushed another 3 weeks to Aug 1Crypto market likes the news, with Bitcoin bouncing back to $109,000 https://t.co/b44GdAHMLaThe Kobeissi Letter (@KobeissiLetter):BREAKING: US Treasury Secretary Bessent says Trump will be imposing April 2nd level tariffs on countries who do not reach trade deals with the US, beginning August 1st.In other words, President Trump has once again extended the tariff pause from July 9th to August 1st. ...

The preferred drink of aristocrats and rappers is a key export for European luxury-drink makers, which are fighting tariff assaults from its two biggest markets: China and the U.S. https://t.co/ATkINkUHil ...

U.S. Futures Slide After Trump Says He’ll Start Sending Tariff Letters Today Setting Levies Up To 70%https://t.co/99QWta3em0 https://t.co/EfWOAOIV0Q ...