Market News and Commentary July 21

Mnuchin Says He ‘Wouldn’t Minimize’ Chance Of Tariffs On All Chinese Imports. U.S. drillers cut rigs by most since March this week: Baker Hughes. Trump signals consequences for Michael Cohen over secret recording. Trump says ‘inconceivable’ that Cohen recorded conversation about ex-Playmate payment. IMF warns G20 that tariffs hurting economy as Trump threatens more. Ecuador will imminently withdraw asylum for Julian Assange and hand him over to the UK.

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