Elon Musk says he anticipates saving $150 billion for fiscal year 2026 from a "reduction of waste and fraud."

Bessent on the markets:

I don't see anything unusual today.

Trump:

First deal on tariffs is very close.

Would the higher tariffs go back in place after 90 days if you don't have a sufficient deal with individual countries?

Trump: That's what would happen.

Trump:

We would use money from tariffs to pay down debt.

Reporter: China retaliated today by reducing the number of American films that can be shown there. What's your reaction to them now targeting cultural exports from the United States?

Trump: I think I've heard of worse things.

Trump:

I look at the EU as one block on tariffs.

Commander of United States Indo-Pacific Command Samuel Paparo:

North Korea is sending hundreds of SRBMs to Russia

Syrian Foreign Minister Asaad Al-Shaibani has signed an agreement to establish diplomatic relations with South Korea.

Trump claims he won every single state in 2024 election.

(He won in 31 states)

Another Chinese video mocking "American re-industrialization"

US State Department:

Talks are ongoing, and we look forward to them as a good first step to determine whether the Iranians are serious.

Can Trump Fire Fed Chief Powell If Court Lets Him?

• The Case: Trump wants the Supreme Court to scrap limits on firing heads of independent agencies like the Fed.

• What’s at Stake: If approved, he could fire Fed Chair Jerome Powell and others at will.

• Why It Matters: The Fed’s independence from political pressure could be undermined.

• Background: A 1935 ruling lets Congress shield agency leaders—Trump aims to overturn that.

Short Answer: Yes, if the Supreme Court rules in his favor.

The State Department announced the resignation of US Ambassador to Ukraine Bridget Brink.

Netanyahu:

Canada has always sided with civilization. So should Mr. Carney. But instead of supporting Israel, a democracy fighting a just war with just means against the barbarians of Hamas, he attacks the only Jewish state.

Mr. Carney, backtrack your irresponsible statement!

US Defense Secretary Hegseth on the Panama Canal:

China can’t have it, China didn’t build it, China won’t operate it.

White House Press Secretary Karoline Leavitt:

America cannot exist if we continue to enrich and embolden China.

President Trump is finally doing something about it.

Aircraft Carrier USS Carl Vinson is now operating alongside USS Harry S. Truman in the CENTCOM area of responsibility.

Six people have died in a helicopter crash in the Hudson River in NYC.

Iran is considering proposing an interim nuclear agreement to the US before continuing negotiations for a comprehensive agreement.

Iran believes that reaching a complex nuclear agreement within two months is unrealistic.

Source: Axios

EU leaders are planning to travel to Beijing for a summit with Chinese President Xi Jinping in late July.

Source: SCMP