MNI POLITICAL RISK - Trump's Rift With His Base Deepens

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Executive summary:

• President Donald Trump will receive an intelligence briefing in the morning before signing Executive Orders in the Oval Office at 16:00 ET 21:00 BST. Press Secretary Karoline Leavitt will brief reporters for the first time since July 7 at 13:00 ET 18:00 BST.
• Treasury Secretary Scott Bessent will meet Japanese Prime Minister Shigeru Ishiba in Tokyo on Friday before attending the World Exposition on Saturday.
• Trump’s response to the Epstein case is widening a disconnect with his core base, which includes a warming to Ukraine, a prioritisation of trade with China, an escalation of foreign military actions, and concerns with the Big Beautiful Bill.
• Trump downplayed reports he is planning to fire Fed Chair Jerome Powell, but kept the door ajar for Powell to be ousted due to fraud.
• Trump said he would send letters to more than 150 countries, notifying them of a 10%-15% tariff rate. South Korea’s foreign minister nominee said it “seems possible” to strike a trade deal with the US before August 1.
• The EU is reportedly readying potential tariffs on US services and export controls to be implemented if US trade talks fail.
• The Senate passed Trump's rescissions package, sending it back to a House struggling to pass a trio of crypto bills.
• US strikes on Iran may have only seriously damaged one of the three targeted nuclear facilities.  
• Poll of the Day: Roughly 60% of Americans oppose the OBBB. 

Please find the full article attached below: US DAILY BRIEF