WORLD CUP TODAY = Brazil v. Costa Rica | Nigeria v. Iceland | Serbia v. Switzerland

BOND TRADERS BEWARE = Croatia 3 Argentina 0


OXBOW IN THE NEWS Voters Stay Split on Whether Tariffs Are Good for the United States Voters are divided, 38% to 42%, on whether duties on Chinese imports will help or hurt U.S. economy

“The strategy from the other side, whether it’s China or another country, to focus on congressional districts or agricultural products — I don’t know if that’s going to be that effective” “China is a big market, but it’s not our only market.” -Morning Consult

Europe Strikes Back Against Trump Tariffs The European Union fought back on Friday against the Trump administration’s tariffs, slapping penalties on an array of American products that target the president’s political base, like bourbon, motorcycles and orange juice. -NYT

White House Split Over Hardline Response to China Trade War -Bloomberg

RESOLUTION DELUSION? A full-blown trade war between America and China looks likely As Donald Trump threatens further tariffs on Chinese imports, the prospect of a deal is receding -The Economist

Congress wants DeVos to investigate Chinese research partnerships on American campuses A bipartisan group of 26 lawmakers wrote Education Secretary Betsy DeVos on Tuesday to highlight the national security implications of Huawei’s research partnerships and other relationships with several dozen American colleges and universities. They want Devos to investigate the Huawei Innovation Research Program and other programs through which Huawei partners with institutes of higher education across the country. -The Washington Post

That Time the U.S. Almost Went to War With Canada And other tales from the Northern border. The animosity goes back to the War of 1812, when troops from Canada—then a British colony—marched to Washington, D.C., finished James and Dolly Madison’s unfinished dinner and burned down the White House. After that disastrous war, which both sides claim to have won, fighting between the U.S. and Canada devolved into a series of disputes over just where the border between the two lay, and, quite literally, whose trees or pigs were on which side—a question now thankfully answered by aerial imagery and GPS markers. -Politico

AMLO, Mexico’s answer to Donald Trump How scared should the world be of Mexico’s likely next president? -The Economist

Killings by security forces rife in Venezuela, rule of law 'virtually absent': U.N. -Reuters



eTAX TIME Supreme Court lets states force online retailers to collect sales tax States may force online retailers to collect potentially billions of dollars in sales taxes, the U.S. Supreme Court said in a major ruling on Thursday that undercut an advantage many e-commerce companies have enjoyed over brick-and-mortar rivals. -Reuters

Why Amazon’s retail dominance won’t be disrupted by the Supreme Court’s big tax ruling Amazon is still the most convenient retailer — by a (last) mile. -Recode

Chinese investment in U.S. falls amid asset sales, tighter scrutiny -Reuters

Inside a Heist of American Chip Designs, as China Bids for Tech Power -NYT

Taiwan's Foxconn calls Sino-U.S. trade spat a 'tech war' Foxconn, the world's largest electronics contract manufacturer, on Friday said the U.S. and Chinese governments are engaged in a technology war, not a trade war, describing the spat as the biggest challenge the Taiwanese company is facing. -Reuters

Apple's Biggest Supplier May Be Breaking Its iPhone Habit Foxconn’s reliance on one customer seems to be waning. -Bloomberg

Tesla to close a dozen solar facilities in nine states Electric car maker Tesla Inc’s move last week to cut 9 percent of its workforce will sharply downsize the residential solar business it bought two years ago in a controversial $2.6 billion deal, according to three internal company documents and seven current and former Tesla solar employees. -Reuters

Wells Fargo’s Pass Looks a Little Like a Fail Every bank is deemed safe, but not with the same level of confidence. -Bloomberg

Eleventh Circuit LabMD Decision Significantly Restrains FTC's Remedial Powers in Data Security and Privacy Actions -JD.supra


Stocks set for worst week in three months on trade war worries World shares rose on Friday but were set to end a second week lower amid intensifying worries over the fallout of a trade dispute resulting from U.S. tariffs, while oil prices were higher ahead of an OPEC meeting later in the day. -Reuters

OPEC, Having Bolstered Oil Prices, Considers Ramping Up Production -NYT

Copper Mine Is Planned for the Utah National Monument Trump Shrunk The red sandstone vistas in Utah’s Grand Staircase-Escalante National Monument may soon be criss-crossed with dump trucks after a Canadian mining company announced plans to begin operations on land cut from federal protection by President Donald Trump. -Bloomberg