Monday's News Links

[CNBC] Stocks fall after Trump team says tariffs will go into effect on Aug. 1: Live updates

[Yahoo/Reuters] Stocks slip in Asia on US tariff confusion, oil skids

[Yahoo/Bloomberg] Oil Steadies as Saudis Bet Market Can Absorb OPEC+ Output Hike

[CNBC] Trump says countries aligning with BRICS policies will face additional 10% tariff

[Yahoo/Bloomberg] Trump Is Already Making the Next Fed Chair’s Job Harder

[CNBC] America’s Deficit Reckoning: How the U.S. debt spiral could spark a crisis

[Yahoo/Bloomberg] Trump Slams Musk Plan for Rival Political Party as Feud Deepens

[Axios] Texas tragedy foretells future for warming climate, scientists say

[Bloomberg] BRICS in Wait-and-See Mode After Trump Threatens Extra Tariffs

[Bloomberg] China’s PBOC Keeps Buying Gold as Reserves Grow For Eighth Month

[Bloomberg] Curbs on Jane Street’s India Operations May Deepen Options Slump

[NYT] Trump Keeps Foreign Countries on Edge as Tariff Deadline Nears

[WSJ] Trump Faces Crucial Week for Reaching Trade Deals

[WSJ] EU Still Hopes for Initial U.S. Trade Deal Before Deadline

[WSJ] First-Time Home Buyers Are MIA. Landlords Are the Winners.

[FT] Donald Trump threatens extra 10% tariff over ‘anti-American’ Brics policies

[FT] Sonders: US immigration shift may have profound economic consequences

[FT] Trump’s ominous ICE security state

[FT] Donald Trump calls Elon Musk a ‘train wreck’ as feud escalates over third party

[FT] Bosnia, 30 years on: the looming crisis in the Balkans

Sunday Evening Links

[CNBC] Stock futures fall after Trump says tariffs will go into effect on Aug. 1, not July 9: Live updates

[Yahoo/Bloomberg] Nations Chase US Trade Deals as Bessent Hints at Extension

[CNBC] Bessent: Tariffs will ‘boomerang’ back to April levels by Aug. 1 for countries without deals

[AP] BRICS group condemns increase of tariffs in summit overshadowed by Middle East tensions

[Yahoo/Bloomberg] OPEC’s new supply shock locks in oil market's return to surplus

[Bloomberg] ICE Raids Derail Los Angeles Economy as Workers Go Into Hiding

[Bloomberg] Deadly Floods Reinforce Texas’ Challenge as Crisis Epicenter

[Bloomberg] Jane Street’s Cash Machine Comes to an Abrupt Halt in India

[WSJ] Trump Faces Crucial Week for Reaching Trade Deals

Sunday's News Links

[Yahoo/Bloomberg] US trade partners race for deals as Trump readies tariff notices

[Yahoo/Bloomberg] Trump’s tariff date arrives after a 90-day rollercoaster

[Axios] America has two labor markets now

[Yahoo/Bloomberg] Dollar Doubters Seed Historic Gains for Developing World Debt

[Bloomberg] The Securities That Banks Are Backing Away From: Credit Weekly

[NYT] An Isolated Iran Looks to BRICS for Allies, Testing a New World Order

[NYT] The Coder ‘Village’ at the Heart of China’s A.I. Frenzy

[WSJ] How Healthcare Cuts in the ‘Big, Beautiful Bill’ Will Affect Americans

[WSJ] Homeowners Who Gambled on Lower Rates Are Paying the Price

[WSJ] A Defiant Iran Draws on the Lessons of an Earlier War

[WSJ] Turkish Police Detain Three More Mayors From Party Opposed to Erdogan

[FT] Retail investors reap big gains from ‘buying the dip’ in US stocks