Active fixed income ETFs from Hartford funds. Built to help you navigate complex bond markets with the affordability of an ETF.

Actively managing your fixed income is actively managing your client's future. Learn more at Hertfordfunds.com slash active.

Investing involves risk. Carefully consider funds investment objectives, risk, charges and expenses before investing.

Visit herfordfunds.com to obtain a prospectus containing this and other information.

Read it carefully before investing.

Alps Distributors.

Here is your morning brief for Wednesday, July 2nd.

I'm Luke Vargas for the Wall Street Journal.

Japanese shares slip today following a threat by President Trump to raise tariffs on Japan

to his high as 35% after he appeared to cut off trade talks with Tokyo earlier this week.

Speaking to reporters aboard Air Force One, Trump said it's unlikely the sides will reach

an agreement ahead of the July 9th deadline for trade deals set by his administration.

Japanese officials have said repeatedly they can't agree to any deal that doesn't reduce

industry-specific tariffs. So far, the administration has cut only a limited trade agreement with the UK

and struck a tariff truce with China, though Trump said yesterday the U.S. was nearing a deal with

India. Well, a day after the Senate backed the president's tax and spending mega bill, a number

of House Republicans are lining up to oppose it, and their numbers

appear large enough to block its passage. Among them are House Freedom Caucus members who've

taken issue with the decision by senators to forego standard accounting rules and declare that

extending tax cuts would have no impact on the federal budget. Though skeptics on Capitol Hill predict

fiscal conservatives and other holdouts will fall in line when the president gets directly involved.

And Paramount Global has agreed to pay $16 million to settle a lawsuit with President Trump

...