WSJ July 8 Review: Global Markets & Policy Outlook - Trade War Resurgent, Energy Landscape Reshaping

Wall Street Journal's July 8 global market and policy outlook analyzes key developments. Trump reignites trade tensions, causing broad US stock decline with S&P 500 down 0.8%. "Reciprocal tariffs" delayed to August 1, with additional 10% tariffs threatened on "anti-American" policy nations. South American oil boom emerges as Brazil, Guyana, Argentina to contribute 80%+ of non-OPEC production growth over 5 years. AI talent war escalates as Meta poaches top Apple researchers with massive compensation packages, while tech innovation penetrates non-traditional fields like tattooing and lithium extraction.