Key Events (10)
Trump met with South Korean leaders amid stalled trade negotiations seeking $350 billion in investment, with Seoul announcing broad agreement on investment and shipbuilding. Trump stated that Xi talks 'will go very well for everybody' ahead of his meeting with the Chinese leader, marking their first meeting since 2019.
A bipartisan U.S. Senate measure passed 52-48 to block Trump's tariffs on Brazil, marking a rare Republican break from the president's trade policies. The vote reflects growing congressional resistance to the administration's tariff agenda.
Toyota denied that it promised a $10 billion U.S. investment as claimed by Trump during his Asia visit, with Japanese officials questioning some elements of the investment announcements. Trump had stated Toyota would be setting up factories 'all over' the U.S.
Trump fired the federal Commission of Fine Arts, which reviews White House projects, stating the White House would appoint new members 'more aligned with America First Policies.' Senate Democrats demanded a list of donors to a $300 million Trump ballroom renovation, warning of 'blatant corruption' risks.
A federal appeals court agreed to reconsider a ruling on Trump's attempt to deploy National Guard troops to Portland for immigration enforcement. The president remains barred from deploying the guard while the larger panel conducts an 'en banc' rehearing.
Pentagon memo ordered states' national guards to form 'quick reaction forces' for 'crowd control,' detailing plans to train over 20,000 national guard members across the U.S. to execute Trump's order on suppressing civil unrest.
The Federal Reserve cut interest rates for the second time this year to a range between 3.75% and 4% amid economic uncertainty from the government shutdown and Trump's tariffs. The U.S. government shutdown is estimated to cost the economy between $7 billion and $14 billion.
Affordable Care Act insurance premiums are projected to jump 26% next year as enhanced subsidies keeping premiums affordable for millions expire, potentially more than doubling what households pay out of pocket.
Nigerian Nobel laureate Wole Soyinka, 91, said his U.S. visa was revoked after he compared Trump to Idi Amin. Soyinka stated 'I have no visa – I am banned,' marking a controversy over Trump's immigration policy affecting international figures.
Trump announced he will cut fentanyl tariffs on Chinese goods and expects a 'great deal' with Xi Jinping, signaling a potential shift in the U.S.-China trade relationship ahead of their planned meeting.
Tariff Actions (2)
Trump announced he will cut fentanyl tariffs on Chinese goods as part of efforts to secure a trade deal ahead of his meeting with Xi Jinping.
Source ↗The U.S. Senate passed a bipartisan measure 52-48 to block Trump's tariffs on Brazil, including tariffs on coffee, beef and other products, in a rare congressional rebuke of the president's trade policies.
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