Oil Market - OPEC+ is likely to approve an increase in production by approximately 550,000 barrels per day at the meeting on August 3 [1] - ADNOC has set the August official selling price for Murban crude oil at $69.81 per barrel [1] - ADNOC has priced August Das crude oil at a discount of $0.60 per barrel compared to the Murban crude benchmark [1] Other Commodities - Japan's Ministry of Economy, Trade and Industry forecasts a 0.4% decline in steel production for July to September, totaling 11.1 million tons, with a projected 11.5% year-on-year decrease in steel product exports to 6.09 million tons [2] - Indonesia has reached a $34 billion agreement with a U.S. company for the purchase of U.S. soybeans, corn, and energy products [2] - The Indonesian Palm Oil Association indicates that U.S. palm oil exports may decline by 15% to 20% due to tariffs imposed by Trump [2] - Thailand's Finance Minister announced a new trade proposal that offers tariff reductions on 90% of U.S. imports, with most U.S. imported goods being exempt from tariffs [2]

Core Viewpoint - The Indonesian Palm Oil Association indicates that palm oil exports to the United States may decline due to tariff measures implemented by Trump [1] Industry Summary - The imposition of tariffs by the Trump administration is expected to negatively impact the export volume of palm oil from Indonesia to the U.S. market [1]

据央视新闻报道，美国总统特朗普7日宣布，将从8月1日起对来自韩国的进口产品征收25%的关税。针 对美方这一举措，据韩联社报道，韩国总统府将于8日举行应对美国关税措施的会议。 ...

来源：新华社 据新华社消息，美国总统特朗普当地时间6日在社交媒体发文说， 美国政府将于当地时间7日 中午12时起公布与贸易伙伴的关税信函或关税协议。 特朗普此前表示，拟于8月1日起对部分 国家的商品实施最高达70%的关税措施。 ...

Core Viewpoint - The U.S. government is set to announce tariff letters or agreements with trade partners starting at noon on July 7, as stated by President Trump [1] Group 1 - President Trump indicated plans to implement tariffs of up to 70% on goods from certain countries starting August 1 [1]

智通财经7月7日电，据新华社，美国总统特朗普当地时间6日在社交媒体发文说，美国政府将于当地时 间7日中午12时起公布与贸易伙伴的关税信函或关税协议。特朗普此前表示，拟于8月1日起对部分国家 的商品实施最高达70%的关税措施。 特朗普：即将公布各国关税信函 税率最高70% ...

Group 1 - The core point of the news is the significant decline in U.S. employment numbers for June, with ADP reporting a decrease of 33,000 jobs, far below the expected increase of 95,000, marking the largest monthly drop since April 2020 [1][2] - The Challenger report indicates that layoffs in June were 48,840, a month-over-month decrease of 48.84% and a slight year-over-year decline of 1.6%, suggesting a reduction in layoff pressures [2] - The labor market's resilience and the Federal Reserve's cautious stance may limit market volatility despite the disappointing ADP data, with attention shifting to the upcoming non-farm payroll report [2][3] Group 2 - In the Eurozone, the unemployment rate slightly increased to 6.3% in May, reflecting uncertainty among European businesses due to tariffs and geopolitical tensions, although overall employment showed a mild increase due to growth in the service sector [6] - The Bank of England faces challenges as market confidence in the UK fiscal situation is reassessed, with concerns about policy continuity and rising expectations for tax increases amid fiscal deficit pressures [7] - The Canadian dollar's outlook improves as trade tensions ease, with optimism surrounding the resumption of trade negotiations between the U.S. and Canada, supported by the removal of a digital services tax [8] Group 3 - Japanese manufacturers expect the average USD/JPY exchange rate for the current fiscal year to be 145.87, with the Bank of Japan planning to purchase 325 billion yen of bonds, which may put pressure on the yen [9]

Core Viewpoint - The ambitious 90-day trade negotiation plan of the Trump administration is facing significant challenges, particularly with Japan, where negotiations have stalled over auto tariffs [1][2]. Group 1: US-Japan Trade Negotiations - After weeks of negotiations, the US and Japan have severe disagreements on auto tariffs, with Japan refusing to accept any agreement that retains the 25% tariff imposed by Trump [1][2]. - Trump indicated that he might unilaterally impose tariffs on Japanese imports, suggesting potential rates of "30% or 35% or any number we determine" [1]. - The Japanese government is under political pressure, especially with the upcoming Senate elections on July 20, making it difficult for them to concede on tariff issues [2]. Group 2: Broader Trade Negotiations - The US is also facing difficulties in trade negotiations with other major partners, including Canada and South Korea, with stalled talks following the US's unexpected increase in steel tariffs on Canada [2][3]. - Negotiations with Canada were briefly interrupted but resumed after Canada canceled its digital services tax plan, aiming for an agreement by July 21 [3]. - The complexity of negotiations with South Korea is heightened by issues surrounding digital trade regulations, which have caused dissatisfaction among US trade representatives [3]. Group 3: Expectations and Challenges - Despite the White House's claims of working tirelessly to renegotiate trade agreements, there is acknowledgment from Republican senators that reaching actual agreements may take longer than anticipated [4].

法国总统马克龙：如果美国的关税维持在10%，欧洲将不得不对美国工业采取相应的补偿性关税措施。 ...

法国总统马克龙：我们必须充分利用所有可用工具应对美国关税措施。 ...