The China Association of Automobile Manufacturers rejected recent one-sided claims by some EU member states that the Chinese auto sector has excess capacity, and said proposals to introduce a new 'overcapacity' trade instrument contradict industry facts and would harm China-EU economic and trade cooperation. The association urged both sides to preserve existing cooperation and avoid measures that could disrupt bilateral auto trade.

President Trump said Saturday he is considering cancelling a series of concerts planned to mark the United States' 250th anniversary after multiple performers withdrew, and replacing them with a speech and rally. Poison frontman Bret Michaels was the fifth musician to pull out on Friday. The Freedom 250 concerts were scheduled June 25–July 10 on the National Mall; Trump posted on his social platform that he may host a speech and rally instead.

As of the 02:30 close, Shanghai gold main contract rose 1.61% to 996 yuan/gram, Shanghai silver main contract rose 0.64% to 18,323 yuan/kg, and SC crude oil main contract fell 1.61% to 580 yuan/barrel.