1. Trump Administration Reportedly Considering Temporarily Suspending Semiconductor Tariffs
—According to Reuters, sources familiar with the matter revealed that U.S. officials have privately indicated that the long-promised semiconductor tariffs may not be imposed soon. This information has been communicated to government and private sector stakeholders over the past few days.
2. U.S. Media Reports White House Blocking Bill Restricting AI Chip Exports
—According to Axios, four sources familiar with the matter stated that key White House officials are pressuring members of Congress to exclude restrictions on AI chip exports to concerned countries from the annual defense policy bill.
3. Signs $270 Billion Deals at US-Saudi Investment Forum—Trump stated at the US-Saudi Investment Forum that the U.S. and Saudi Arabia are signing agreements and contracts totaling $270 billion.
4. Criticizes Powell's Incompetence, Calls for Lawsuit Over Fed Construction Costs
—Trump: I really want to fire Powell. He's extremely incompetent, spending $4 billion to build a building, while my new White House banquet hall project cost much less and is much larger. Current interest rates are too high; we should sue Powell over the Fed's construction costs.
5. Issues "Ultimatum" to Bessant, Jokes About Replacing Treasury Secretary if Rates Don't Cut
—On Wednesday, at the US-Saudi Investment Forum in Washington, Trump jokingly told Bessant that the only thing Bessant messed up was failing to push for a Federal Reserve rate cut. "If the problem isn't resolved soon, I'll fire you, how about that?"
6. Considers Signing Executive Order as Early as Friday to Replace State AI Regulations with Federal Regulations—Trump is considering issuing an executive order to challenge state "piecemeal" AI regulations through lawsuits and withholding federal funds.
7. Plans to Launch "Genesis Mission" Program to Promote US AI Development
—A US Department of Energy official revealed on the 19th that Trump plans to sign an executive order next week at the White House to launch a program called "Genesis Mission" to advance US development in the field of AI.
8. Touts Achievements: Stock Market Hits 46 New Highs in Nine Months Since Election
—Trump: Stock market growth is boosting the US economy; the stock market's gains are astonishing. Since his election, the stock market has hit 46 record highs in nine months, boosting Americans and the economy in an unprecedented way, with worker wages rising at their fastest pace in 60 years.
9. Signing the Epstein Papers Declassification Bill
—Trump confirmed on Wednesday that he had signed the Epstein Papers Declassification Bill, approving a measure he had tried to block for months—a struggle that not only exacerbated tensions within his party but also threatened his political agenda.
10. Pressuring South Africa: “G20 Must Not Issue Declaration”
—A document reviewed by Bloomberg shows that the U.S. government formally warned South Africa against pushing for a consensus declaration at the G20 summit in Johannesburg this weekend, as President Trump boycotts the summit.
