Executive summary:
- At 10:10 ET 15:10 BST, President Donald Trump will deliver remarks to the White House Religious Liberty Commission.
- Treasury Secretary Scott Bessent said Trump's economic policies need more time, following Friday's soft jobs report. Bessent downplayed the impact of Trump’s tariff agenda on US manufacturing jobs.
- Bessent warned that the US would have to refund half of the tariffs it has collected if it loses a case challenging Trump’s emergency declaration at the Supreme Court.
- BRICS countries will meet virtually today to dicuss the impact of Trump's tariffs.
- The already-strained relationship between Washington and Seoul took another hit after hundreds of South Korean workers were swept up in an immigration raid in Georgia.
- A new Pentagon strategy report is expected to put domestic considerations above countering adversaries.
- The implied probability of a government shutdown on October 1 ticked up to roughly 50%.
- Senate Majority Leader John Thune (R-SD) will today take the first step of a 'nuclear option' to advance executive branch nominees.
- The US and EU appear closer to coordinating new sanctions on Russia, but political obstacles may undermine the process.
- Trump issued a ‘last warning’ to Hamas as Israel initiates a new military phase in Gaza City.
- IAEA Director Rafael Grossi said there is "still time" for a nuclear deal with Iran.
- Poll of the Day: The Trump Administration has declared more emergencies than any of its predecessors.
Please find the full article attached below: US DAILY BRIEF