Group 1 - The Brazilian Foreign Minister stated that Brazil is currently awaiting a response from the United States regarding its trade proposals [1]

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 - Thailand's new trade proposal offers tariff reductions on 90% of U.S. imported goods [1] Group 1 - The Thai Finance Minister announced a significant trade initiative aimed at enhancing trade relations with the United States [1] - The proposal is designed to provide tariff concessions that could potentially benefit a wide range of U.S. products entering the Thai market [1]

Core Viewpoint - The U.S. Treasury Secretary, Janet Yellen, highlighted Indonesia's strong trade proposal, which includes the willingness to eliminate tariffs and non-tariff barriers [1] Group 1 - Indonesia has presented a robust trade proposal aimed at enhancing trade relations [1] - The proposal includes the commitment to remove both tariffs and non-tariff barriers, indicating a significant step towards trade liberalization [1]

Group 1 - The core viewpoint is that the Director of the National Economic Council, Hassett, has received trade proposals from over 20 countries [1] Group 2 - The trade proposals indicate a growing interest among various nations to engage in trade discussions with the United States [1] - This development may signal potential shifts in international trade dynamics and relationships [1] - The involvement of multiple countries suggests a broader trend towards globalization and economic collaboration [1]