Trade Policy - The report indicates a continuation of China tariffs [1] Industry Implication - The extension of tariffs may impact various sectors dependent on trade with China [1]

Trade Negotiations & Deadlines - The market anticipated an extension of the August 12th deadline, considering it a low bar for the trade talks [1] - The expectation was to postpone the deadline by another 90 days, maintaining the truce established in London, which would be viewed as a positive outcome [1] - Any extension is pending President Trump's approval, as he holds the final say on all trade deals [1][2] - Chinese counterparts may have prematurely announced an extension [2] Meeting Assessment - The meetings were described as far-reaching, robust, and highly satisfactory [2] Recommendations to the President - The advisor will present the facts to President Trump, who will then make the final decision [3]