1. Criticizing Spain for being unfriendly – US President Trump: Spain is a NATO member, but not a very good one. They haven't been very friendly, but they will learn how.
2. Demanding retailers lower gas prices quickly
– US President Trump: As I promised, gas prices are falling rapidly, and gasoline prices are falling, but not fast enough. On July 3, Liberty Fuel Network will lower gasoline prices at 25 Liberty Fuel gas stations in the Greater Philadelphia area. This retailer is leading the way, and other businesses should follow suit. Gasoline prices will soon return to the record lows before the Iran action.
3. Demanding NATO loyalty to Washington but rejected by Germany
– German Defense Minister Pistorius rejected US President Trump's remarks about NATO's European allies needing unconditional loyalty to Washington. “NATO is not blindly obedient,” Pistorius said on Thursday. “Decisions within NATO are made through free consultation and consensus among all member states, not unilaterally by individual members.”
4. First Ride on the New Air Force One – US President Trump made his first ride on the new Air Force One presidential plane, a gift from the Qatari government, on July 1st, praising the aircraft and saying the US “couldn’t build a plane like this.”
5. Potential Acquisition of a 5% Stake in OpenAI
—OpenAI is in talks with the US government about selling a 5% stake. The $852 billion AI startup is seeking to clear political obstacles by receiving financial support from the Trump administration.
6. Accelerating AI Model Standards Development Plans
—The US government is in advanced negotiations with AI companies to develop voluntary standards for the release of new models. These standards, expected to be released as early as next week, will set benchmarks for models with advanced networking capabilities and establish release timelines to streamline future product launches. This move implements President Trump’s executive order on AI issued last month, while various groups are seeking clarity on how the government should regulate the technology.
7. Trump Account Investment Portfolio Announced – The US Treasury Department announced the investment portfolio of the Trump Account, primarily investing in broad-based S&P 500 ETFs.
8. Speech to be Delivered in Nearly 42 Degrees Celsius
—US President Trump: July 4th will likely reach 107 degrees Fahrenheit (41.67 degrees Celsius), but I will still deliver a very long speech, just to prove I can do anything.
9. Incentivizing Iran to Abandon Tolls
—According to Axios, US and Iranian negotiators are meeting in Doha, focusing on the Strait of Hormuz issue. The Trump administration has indicated to Iran that the benefits Iran will gain from the nuclear agreement will far exceed the revenue it could receive by imposing tolls on passage through the strait.
10. Praise for Micron Technology
—Micron injected $250 million into the Trump Account. US President Trump posted on social media, calling Micron Technology (MU.O), a truly great American company, and one of the 'hottest' companies in the world.
11. Trump's Advisor Hassett Urges Fed Against Interest Rate Hikes
—Two weeks after Warsh took office as Federal Reserve Chairman, Trump's senior economic advisor, Hassett, hinted that the White House might not welcome any interest rate hikes. Hassett warned that using interest rate hikes to curb price increases would be a mistake.
12. Refusal to Renew USMCA
—U.S. Trade Representative Greer said the U.S. does not agree to renew the USMCA in its current form. The statement said the U.S. will continue to communicate with Mexico and Canada regarding the agreement's shortcomings and trade deficit, and that the USMCA will remain in effect until these issues are resolved or the agreement is terminated.
