Executive summary:
- President Donald Trump will make a rare foray outside his regular beat today to deliver a speech in Michigan marking his first 100 days in office.
- Treasury Secretary Scott Bessent will deliver an early morning press conference to “highlight the Trump administration's economic accomplishments”.
- Bessent said the White House is targeting July 4 as an “aspirational” deadline to send the ‘big beautiful bill’ to Trump's desk.
- The ILWU issued a statement claiming tariffs will cause “massive job losses” and “crush the working class”.
- Democrats on the House Appropriations Committee have published a tracker of federal funds they believe the Trump administration is blocking.
- The White House plans to modify tariffs on the auto sector so they don't stack.
- The White House is likely to take note of surveys showing inflation is the most concerning economic issue for voters, considering inflation’s role as ‘incumbent killer’ in 2024.
- At least 121,000 federal workers have been fired or laid off since Trump took office.
- Chinese Foreign Minister Wang Yi said BRICS should push back against Trump's tariffs.
- The Canadian Liberal Party staged a notable recovery to win a federal election dominated by Trump’s trade war and threats of annexation.
- House Republicans unveiled legislation that would take the Pentagon budget past USD$1 trillion for the first time.
- Poll of the Day: Trump gets a "failing grade" for his first 100 days.
Please find the full article attached below: US DAILY BRIEF