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YOU WONT BELIEVE: 5 - You Need To See This

US to cut steel tariffs only if EU agrees to soften digital rules enforcement in return

The US pushes for softer digital rules enforcement in exchange for tariff relief to the Europeans after Brussels meeting with Greer and Lutnick.

Euronews

High-stakes showdown looms as US and EU trade member states meet

US officials and EU ministers are meeting in Brussels on Monday for what is expected to be a "frank" discussion about the two sides' fraught trade deal.

Euronews

EU and US to restart trade talks as sticking points on July tariff deal remain

US officials to hold high-level talks in Brussels amid unhappiness in Washington at slow action on July deal

The Guardian - UK

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The 'Emergency' That Demanded Huge Tariffs on Swiss Imports Is Now Over. So What Was the Emergency?

Trump's decision to reduce the tariffs on Swiss goods came just days after a Swiss delegation lavished the president with a variety of expensive gifts.

Reason

US trade representative to meet EU trade chief in Brussels

A meeting between US Trade Representative Greer and EU Trade Commissioner Šefčovič will take place next week - and it could get heated as the US pushes for more concessions and faster implementation of trade deal cut in July.

Euronews

The Latest: Epstein emails reveal ties to influential figures even after conviction

Thousands of documents released by the House Oversight Committee offer a new glimpse into what Jeffery Epstein’s relationships with business executives, reporters, academics and political players looked like over a decade

The Independent UK

Trump accused of caving to big business after deal to cut Swiss tariffs to 15%

Rolex denies ‘any negotiation’ with US although luxury watchmaker entertained Trump and gave him gold clock

The Guardian - US

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The rise and fall of globalisation: why the world’s next financial meltdown could be much worse with the US on the sidelines

This is the second in a two-part series. Read part one here.

The Conversation

US and China agree ‘framework’ for trade deal ahead of Xi-Trump meeting

US treasury secretary anticipates tariff truce with China will be extended, and that China will revive substantial purchases of US soybeans

The Guardian - UK

US-China Trade Talks Signal Possible Trump-Xi Face-To-Face As Rare Earths Export Controls, 100% Tariff Threats Loom

U.S.-China trade discussions in Kuala Lumpur are raising hopes of a direct meeting between President Donald Trump and President Xi Jinping as both sides seek to ease escalating economic tensions.

Benzinga

US Treasury Chief: Beijing's Rare Earths Move Is 'China Vs World'

US Treasury Secretary Scott Bessent slammed Beijing's rare earth export curbs Wednesday as "China versus the world," vowing that Washington and its allies would "neither be commanded nor controlled."

International Business Times

Bitcoin Rebounds To $113,000, Dogecoin Recovers To 20 Cents But Ethereum, XRP Slide Over 2%

Bitcoin is back $113,000 after U.S. trade representative Jamieson Greer signaled president Trump may still meet China’s president Xi later this month.

Benzinga

Trade minister could get a big shot at US tariff shift

The trade minister hopes to meet US counterpart Jamieson Greer in what could provide a major opportunity at securing Australian tariff relief.

AAP

South African trade officials in Washington for tariff talks and efforts to ease tensions

South African trade officials have held talks with their U.S. counterparts in Washington as Africa’s largest economy looks to repair strained relations and negotiate the lifting of heavy tariffs imposed by the United States

The Independent UK

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Yes, the Trump administration is now friends with TikTok and is finalizing a buyout

TikTok may finally be safe, but at what cost?

The Guardian - US

US and China reach deal to transfer TikTok ownership, trade officials say

Framework deal is breakthrough in long-running dispute over app’s ownership amid security concerns in Washington

The Independent UK

Trump says he is ready for major sanctions on Moscow – when Nato gives up Russian oil

US president says he believes Russia-Ukraine war would end if all Nato countries stopped ‘shocking’ buying of oil from Moscow

International Business Times

Swiss Minister Eyes 'Opportunity' After US Tariff Talks

Switzerland's vice president said Saturday he had had "constructive meetings" with senior US officials as the country tries to navigate the massive import tariffs imposed by US President Donald Trump.

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AAP

Australia eyes chance to strike deal on Trump's tariffs

Australia will push for exemptions from US trade tariffs when world leaders meet at a global summit.

International Business Times

Swiss President Rushes To US To Avert Steep Tariffs

Switzerland's president and economy minister were due to fly to Washington on Tuesday in a last-minute push to stop steep new tariffs that have blindsided the Alpine country.

We Got This Covered

‘He’s elected to take appropriate action’: Trump official drops bombshell justification for controversial Brazil move

Brazil gets the Trump treatment.

The Guardian - US

Texas Democratic lawmakers rally outside Governor’s Mansion to protest redistricting of maps – as it happened

This liveblog is now closed.

Barchart

Stocks Set to Open Higher as Investors Bet on Fed Rate Cuts

September S&P 500 E-Mini futures (ESU25) are up +0.64%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.77% this morning, pointing to a higher open on Wall Street as investors placed their hopes on the Federal Reserve to step in with interest rate cuts following Friday’s weak U.S. payrolls…

Al Jazeera

White House advisers defend Trump’s firing of official behind jobs data

Trump administration officials question data amid condemnation of dismissal of Bureau of Labor Statistics head.

The Guardian - US

Trump news at a glance: president lashes out at Schumer as officials defend his economic policies

Trump angry over confirmations delay; administration suffers bruising week of poor economic, trade and employment numbers – key US politics stories from Sunday 3 August at a glance

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