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US Treasury chief sees 100 countries getting 10% reciprocal tariff

Bull Bear Daily July 3, 2025

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US drillers cut oil and gas rigs for 10th week in a row, Baker Hughes says
The oil and gas rig count, an early indicator of future output, fell by eight to 539 in the week to July 3, the lowest since October 2021. Baker Hughes released the report a day earlier than usual on Thursday due to the U.S. July Fourth holiday on Friday.This week’s decline puts the total rig count down 46 …. Read More >>

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US Treasury chief sees 100 countries getting 10% reciprocal tariff
“We’ll see how the President wants to treat those who are negotiating, whether he’s happy that they’re negotiating in good faith,” Bessent told Bloomberg Television. “I think that we’re going to see about 100 countries who just get the minimum 10% reciprocal tariff and will go from there. So I think we’re goi …. Read More >>

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Japan PM Ishiba says President Trump may be misinformed on some tariff issues
“We hear President Trump say no U.S. cars are running in Japan and that we are not importing (U.S.) rice. That could be based on misunderstanding or misinformation,” Ishiba said on public broadcaster NHK’s news programme.Japan has in fact imported historically high volumes of U.S. rice in recent months as dom …. Read More >>

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Analysis-Platinum prices have limited upside after June’s stellar rally
LONDON (Reuters) -Platinum prices have limited room to rise further after a record quarterly rally, analysts and traders said, with Chinese imports expected to soften and South African output to recover against a backdrop of still-muted auto sector demand.Prices of the metal surged 36% in the second quarter a …. Read More >>

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  • US Treasury chief sees 100 countries getting 10% reciprocal tariff
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  • Japan PM Ishiba says President Trump may be misinformed on some tariff issues
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  • US drillers cut oil and gas rigs for 10th week in a row, Baker Hughes says

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