1. Trump Denounces Netanyahu as "Crazy" – According to Axios, on Monday, Trump launched a scathing attack on Israel's military escalation in Lebanon. Earlier Monday, Iran threatened to suspend negotiations with the United States. US officials summarized Trump's words to Netanyahu: "You're crazy. You'd still be in jail if it weren't for me. I saved you. Now everyone hates you. Because of this, everyone hates Israel."
2. Claims Agreement with Iran Possible Within the Next Week
—According to ABC News, Trump believes he will reach an agreement with Iran within the next week to extend the ceasefire and reopen the Strait of Hormuz. "It's going well, it looks great," Trump said. "There was a little hiccup today, but I quickly turned things around." Trump revealed that the hiccup stemmed from Iran's dissatisfaction with Israel's attacks on Lebanon.
3. No News Received from Iran Regarding Suspension of Talks with the US
—An NBC News reporter reported on social media that US President Trump stated he had not received any information about Iran suspending negotiations with the US, but if it were true, it wouldn't matter. Trump said, "I think it's good to keep quiet, and this silence could last a long time." He continued, "It doesn't mean we're going to go there and drop bombs everywhere." He stated, "We're just keeping quiet. We're going to maintain the blockade. The blockade is like a piece of steel."
4. Doesn't Care If Talks with Iran End
—On Monday, local time, US President Trump told CNBC, "To be honest, I don't care if the talks end." When asked about reports that Iranian negotiators had stopped communicating with the US due to Israel's military action in Lebanon, Trump responded, "I really don't care." He also stated that he was not worried about oil prices. Trump said, "I think oil prices will fall like rocks in the very near future, in a very short time."
5. Claims all fighting between Israel and Hezbollah will cease immediately
—Trump stated that he had a very productive call with Israeli Prime Minister Netanyahu, and that no troops will be sent to Beirut; any troops en route have been sent back. Similarly, through senior representatives, he had a very good call with Hezbollah, and they agreed that all shooting will cease—Israel will not attack them, and they will not attack Israel.
6. Lowering import tariffs on some steel, aluminum, and copper products
—The White House issued a statement on June 1st, local time, saying that President Trump signed a document that day, pursuant to Section 232 of the Trade Expansion Act of 1962, temporarily adjusting tariffs on some imported steel, aluminum, and copper products. According to the document, the ad valorem tariff applicable to harvesters and some other agricultural machinery was lowered from 25% to 15%. The White House also lowered the threshold for the local ingredient content from 95% to 85%.
7. The United States proposes a 25% tariff on some Brazilian goods—The Office of the United States Trade Representative has proposed imposing a 25% tariff on all imports from Brazil, except for goods already subject to Section 232 national security tariffs.
