Greetings,
The United States: The US Chamber of Commerce performed a state-by-state analysis of the tariff retaliations’ impact on US exports. Here is the full map
China: China is trying to boost its fledgling semiconductor industry by stealing intellectual property from Taiwan.
Global Developments: Here is how the trade war escalation will begin to have a meaningful impact on the world’s economy.
Equity Markets: Industrials and financials experienced outflows last month.
Emerging Markets: Chile’s economy is outperforming peers.
Food for Thought: Where are all the UFOs?
There will be no Brief tomorrow, July 4th. Happy Holiday!
Edited by Joseph Cohen
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Thanks to Josh Marte (@joshdigga), Matt Garrett (@MattGarrett3), Joseph Cohen (@josephncohen), Ycharts.com, S&P Global, and Moody’s Investors Service for helping with the research for the Daily Shot.
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