Executive summary:
- President Donald Trump will receive an intelligence briefing in the morning. He will sign Executive Orders at 15:30 ET 20:30 BST. Press Secretary Karoline Leavitt will brief at 13:00 ET 18:00 BST.
- Trump’s crackdown on crime appears to be resonating with voters.
- A soft revenue forecast from Nvidia signals AI growth may be decelerating.
- Treasury Secretary Scott Bessent said Trump’s 10% stake in Intel offers “substantial upside" for taxpayers.
- The EU will fast-track legislation removing tariffs on US industrial goods. French President Emmanuel Macron said the EU “should not exclude” retaliatory measures against the US digital sector.
- Japan’s top trade negotiator cancelled a US trip amid uncertainty over a trade framework and investment pledge.
- Indian Prime Minister Narendra Modi departs for Japan and China, a potential turning point for India’s regional alignment.
- Mexico is expected to increase China tariffs in its 2026 budget proposal.
- China’s senior trade negotiator arrived in the US for informal talks with US officials.
- Republicans are considering Senate rule changes that could fast-track Stephen Miran to the Fed board in time for the September policy meeting.
- European Commission President Ursula von der Leyen hinted at seizing frozen Russian assets.
- Trump hosted a meeting to discuss post-war Gaza plans.
- The 'E3' could trigger 'snapback' sanctions on Iran as soon as today.
- Poll of the Day: Americans now think the US is not doing enough to support Ukraine.
Please find the full article attached below: US DAILY BRIEF