⌨Japanese media maintained its primary focus on US reciprocal tariffs, with early reports detailing the administration's concern about their impact on the ongoing Upper House election. This narrative evolved as President Trump signaled a persistent trade-defense link, leading to a sense of deadlock in negotiations, with an August 1 deadline. Domestically, the Upper House election continued as a central theme, encompassing criticism of hate speech, discussions on defense spending, and practical concerns like heatstroke measures due to extreme heat. A significant new development involved Chinese nationals actively acquiring properties in Japan, impacting local school admissions, which sparked discussions on 'Japanese First' policies. Economically, Japanese firms executed record-breaking M&A, reaching a post-bubble global share high. The Russian Foreign Minister's visit to North Korea also drew attention later in the day.