US-RUSSIA: Trump Has 'Plenty Of Tools' To End Ukraine War - White House
Aug-14 12:51
White House Press Secretary Karoline Leavitt has provided a short update to Fox News on the upcoming summit between US President Donald Trump and Russian President Vladimir Putin in Alaska on Friday.
- Leavitt reiterated that Putin "requested the meeting" and Trump wants to "exhaust all options to try to bring this war to a peaceful resolution." Leavitt added that "what comes after the meeting is up to President Trump and that is part of the reason he is going." She continued: "[Trump] has incredible instincts and he wants to sit down and look the Russian President in the eye and see what progress can be made..."
- Reuters notes that Leavitt also said Trump has "plenty of tools to use if necessary", an apparent reference to recent threats from the White House that additional sanctions and secondary tariffs may be pursued if Trump determines that Putin isn't genuine in his desire to end the war.
- Leavitt confirmed previous reporting that Trump and Putin will hold an initial one-on-one meeting, followed by a bilateral meeting with full delegations. Leavit confirmed that the two leaders will appear for a joint press conference after the meeting. See: US-RUSSIA: Kremlin: Putin-Trump Summit Starts 11:30 Local, Joint Presser After
- Following a virutal meeting yesterday with European leaders, the White House has stressed that Friday's summit is primarily designed to lay the groundwork for a trilateral with Putin and Zelenskyy. For more analysis on the meeting, see today's edition of the US Daily Brief.
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US DATA: Core Services Keep June Inflation On The Cool Side
Jul-15 12:41
The softer-than-expected core reading in June (0.23% M/M vs 0.29% MNI median, 0.13% prior) comes with higher core goods prices than expected (0.20% M/M vs 0.19% MNI median, -0.04% prior), but that's outweighed by core services slightly on the light side (0.25% M/M vs 0.27% MNI median, 0.17% prior).
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