Core Points - Trump announced a 30% tariff on imports from Mexico and the EU, effective August 1, giving less than three weeks for negotiations [2] - The U.S. Treasury reported a significant increase in tariff revenue, with June's total reaching approximately $27 billion, a 301% increase year-over-year [1] - The overall tariff revenue for the year is projected to reach $113 billion, an 86% increase compared to the previous year [1] Group 1 - The U.S. government is shifting its strategy to use tariffs not just as negotiation tools but also as a means to enhance federal revenue [6][7] - Economic confidence is rising among investors regarding U.S. economic growth prospects [3] - The EU has prepared a countermeasure list targeting $72 billion worth of U.S. goods, including Boeing aircraft and automobiles [5] Group 2 - Trump's administration has only reached a few framework agreements while increasing tariffs on multiple countries [6] - The projected tariff revenue for the fiscal year could reach $300 billion to $350 billion, significantly offsetting the impact of the "Big and Beautiful" Act on the deficit [6][7] - The narrative of "fiscal capture" suggests that the government is increasingly relying on tariffs as a revenue source, aligning with the views of trade advisor Peter Navarro [7]