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Trump says tariff payments start on August 1

China summit to have leaders from 20+ nations attending, 10 global bodies

US starts Section 301 tariff probe on Brazil’s trade practices

Japanese media repeats that Prime Minister Ishiba’s government risks losing its majority

Oil: private survey of inventory shows a headline crude oil build vs. draw expected

Reuters is reporting MUCH different API survey results for oil inventories

Forexlive Americas FX news wrap 15 Jul: US CPI data shows signs of tariff inflation

Trade ideas thread – Wednesday, 16 July, insightful charts, technical analysis, ideas

The Trump deal with Indonesia

Crude oil futures settled at $66.52

More from Trump: They are making progress with the EU, but already have the letter

Canada Prime Minister Carney: US tariffs may be here to stay