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Tariffs/Trade

USTR Greer says the US will uphold tariff caps in deals with the EU, Japan and others; seeks to mitigate challenges with China

News detail

US consumers and global trade have been resilient. Sees complex 301 probe on overcapacity in weeks.

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Geopolitics

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

U.S. Economy

US ADP Employment Change (Jul) 44K vs. Exp. 70K (Prev. 98K)