The worst damage to the U.S. economy from the trade wars might be over, but businesses are still adjusting to higher tariff-related costs and a slowdown in customer demand that's causing them to cut back on hiring. ...

The rise of big grain suppliers makes importers confident that they can count on global trade. But trade wars are complicating the picture https://t.co/lj1UYwccdQ ...

Market Trends - Hedge funds are rapidly increasing their volatility traders due to global conflicts and trade wars [1] - Sharp swings are being observed across commodities, including metals and energy [1]

Decades of frosty relations are thawing as both countries consider themselves unfair targets of Trump’s trade wars https://t.co/7L8aypCf3A ...

Trade wars are again grabbing all the headlines, but in today’s global economy it’s the competition over people — and population — that should really be getting more attention https://t.co/A1zmpifZqN ...

Trade Negotiations & Tariffs - The EU aims to secure a trade deal with the US before August 1st, emphasizing that free trade benefits both parties [1][4] - The EU is prepared to retaliate if a deal isn't reached, highlighting its position as a major trade bloc [4][5] - The Netherlands advocates for free trade and fiscal consolidation instead of tariffs, viewing tariffs as a tax on American consumers that increases inflation [8] - Concerns exist in Europe regarding increased capacity from trade barriers between the US and China, threatening European competitiveness [9] - Trade wars are not in anyone's interest, exemplified by concerns over Chinese product dumping in Europe and potential surplus issues for the US [10] - The Netherlands is against tariffs on semiconductors and emphasizes the importance of free trade for the semiconductor industry [6][7][8] EU Budget & Fiscal Policy - The proposed EU budget of €2 trillion is considered too high and "dead on arrival" by the Netherlands, which advocates for a smaller budget and reprioritization [11][12] - The Netherlands believes the focus should be on spending less rather than increasing taxes, especially corporate taxes [12][13][14] - The Netherlands prioritizes security and innovation within the EU budget [15] Support for Ukraine - The EU needs to continue supporting Ukraine through military, budgetary, and sanction measures against Russia [16] - Europe should pay for weapons to Ukraine [18] Multilateralism & Free Trade - Participants at the G20 meetings are vocal about the importance of free trade and reducing tariffs [20]

This section here traditionally would have been filled with U.S. corn. Customers love it because it's a great product. What started as a big display has been shrunk.In response to U.S. tariffs and President Trump's threats to annex Canada, 71% of Canadian consumers say they intend to buy fewer American products this year. That's having an impact. The US economy could lose up to 0.3% of its GDP, or about $90 billion, in 2025, due to the boycott of American goods and the decline in foreign tourism.Giancarlo M ...

Geopolitical & Economic Landscape - China has become the world's second-largest economy and a military superpower, but faces industrial choke points hindering its independence [1] - These choke points make China vulnerable to US pressure in trade wars and export controls [1] Industrial Challenges & Opportunities - China faces challenges in advanced computer chips and essential manufacturing components [2] - China is systematically addressing these choke points using AI to accelerate progress [2] - Some choke points, like advanced semiconductor manufacturing, may take years or decades to resolve, while others are nearing resolution [2] Competitive Landscape - Products affected include carbon fiber for aviation and ball bearings for various industries [3] - European, Japanese, and American rivals are now on high alert due to improving Chinese quality and yield [3]

Event Focus - Bloomberg News will host its annual Global Credit Forum in Los Angeles [1] - Bloomberg Television's Lisa Abramowicz and Dani Burger will speak at the forum [1] Key Concerns - The forum will address questions around trade wars [1] - Persistent inflation is a major topic of discussion [1] - Growing concern of a slowdown in the world's largest economy will be explored [1] Market Outlook - The forum aims to explore where the market goes from here [1]

Trade Policy & International Relations - Trade wars generally result in losses for all parties involved, although larger economies might inflict greater losses on others [4] - The global trading system may not be entirely fair, with the US imposing a 25% tariff on auto imports from Europe while facing a 10% import duty in return, and dealing with issues like intellectual property theft by China [6] - The US has historically led in reducing tariff barriers, but there's concern about a shift towards increasing them [7][8] - Reshoring American manufacturing is a goal, but many manufacturing jobs may not return, and tariffs on inputs could negatively impact manufacturing companies [11] - Government incentives and subsidies, like the CHIPS Act, can help secure domestic production of critical goods such as chips, reducing reliance on countries like Taiwan [14][15] Economic Impact of Research & Development - Government grants, business investment, and university research collaboration have historically driven comparative advantage in high-wage, high-tech industries [18][19] - Cuts to research funding can have long-lasting negative consequences, as stopping research, especially drug development, is difficult to restart [21] - The Trump administration's actions are perceived as an attack on elite universities and research, potentially driven by political motivations [20][23] University Funding & Endowment - Universities use endowment income to support financial aid and keep education affordable [25] - Some universities are facing grant cancellations and are targets of the endowment income tax [25]