Wednesday, July 11

ByKevin Sheekey

An Ice Age for Trade is coming, and Trump continues to unwind 20th Century institutions as he begins his European Summer Tour in Brussels.

But the only thing that matters in London today is English football’s biggest game in nearly 30 years that takes place tonight. A victory would send England to their first World Cup Final in over 50 years and setup an English – French final. It would reunite a country (at least for a spell) and reignite the rivalries we miss.

Most Read on the Bloomberg Terminal (Last 8 Hours):
Trump Tariff Barrage Pushes China Feud to Point of No Return
China Vows Retaliation Against Trump’s $200 Billion Trade Threat (Bloomberg)
Goldman is Said to Conjure $20 Billion Bond Trade from ETF Boom (Bloomberg)

2020 Watch: For True Moderates, Bloomberg Tops Dem Dream Ticket (San Diego Union-Tribune)

Live from the NATO Summit in Brussels: Trump and Merkel Head Into Uncomfortable Bilateral Meeting (Bloomberg)

With Friends Like These: Trump Slams Germany, Other Allies in Fiery Exchange as NATO Summit Opens (Washington Post)

Trade War Insight: China and U.S. Impose Tariffs on Trade Flows That Don’t Exist (Bloomberg)

French Brexit Gains: Paris Predicts Gain of 10,000 Jobs from London Post-Brexit (Bloomberg)

Real Estate Update: Disney to Move New York Operations to Lower Manhattan (New York Times)

The Shed: A $500 Million Arts Institution New York Didn’t Know it Needed (Bloomberg)

World Cup Today: England faces Croatia today at 7PM London time / 2PM New York time to see who takes on France in the final on Sunday.

Waistcoat Wednesday: England Fans Don Gareth Southgate’s Trademark Garment for World Cup Match as Marks & Spencer Sells Out (The Independent)

On Twitter.

@MikeBloomberg: More than half of Sweden’s national energy supply comes from renewables, and the government aims to reach net-zero emissions by 2045. Great to catch up with @SwedishPM Stefan Löfven at @Bloomberg this morning and discuss the country’s bold leadership on climate change.

Mike Stefan

Best of late night.

“All 12 of those Thai boys and their soccer coach have been saved from the underwater cave. Very nice story. It’s a historic moment: This is actually the most Americans have ever cared about any soccer team, ever.”
— Conan O’Brien

“Everybody loves this story. Are you listening, Mr. President? Freeing children makes people like you!”
— Stephen Colbert

“President Trump’s Supreme Court nominee, Brett Kavanaugh, once wrote that presidents should be shielded from prosecution while in office. He didn’t write this in a ruling — he wrote it on a cake he sent to Trump three days ago.”
— Conan O’Brien

For more best of late night from the New York Times, click here.

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