1. Trump Calls for Another 200 Basis Point Rate Cut: The US should have the lowest interest rates in the world. Our rates should be 2 percentage points lower than they are now. The employment data is very good.
2. Threatens to Send More Aircraft Carriers if Talks with Iran Break Down: According to Axios, Trump said in an interview on Tuesday that he is considering sending another carrier strike group to the Middle East in preparation for possible military action if negotiations with Iran fail.
3. Seizes Iranian Oil Tankers to Pressure Tehran: According to the Wall Street Journal, Trump administration officials have discussed whether to seize more oil tankers carrying Iranian oil to further pressure Tehran. However, due to concerns about the almost certain retaliation from Iran and its impact on the global oil market, US officials said no action has been taken yet.
4. Easing Venezuelan Oil and Gas Sanctions: The US government issued a general license allowing oilfield services companies to operate in Venezuela, marking a new step by the Trump administration in easing sanctions and pushing for the reconstruction of the country's oil infrastructure. 5. Proposed Use of Government Funds to Maintain US Coal-Fired Power Plant Operations
—Trump will announce a plan to use government funds and Department of Defense contracts to maintain the operation of US coal-fired power plants, providing power support for military operations. This significant move is expected to be announced as an executive order on Wednesday.
6. Tariff Resolution to be Submitted to Full House for Vote
—US House members on Tuesday rejected Speaker Johnson's attempt to block a vote on President Trump's tariff resolution. The resolution challenging Trump's tariff policies will be submitted to the full House for a vote, which could begin as early as Wednesday local time.
7. National Governors Association Meeting Cancelled
—According to sources, National Governors Association (NGA) President Stitt informed members on Monday that a meeting with President Trump later this month has been canceled because the White House excluded Democratic governors.