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Trump Wins Saudi Pledge to Boost US Investment to $1 Trillion

Mohammed bin Salman pledged to increase Saudi investment to $1 trillion. The original $600 billion plan envisioned expanded Saudi trade and investment over four years, spanning energy, infrastructure, technology and defense cooperation. Recent deals linked to the pledge already include huge orders for U.S. weapons and advanced artificial-intelligence hardware, as Saudi-backed firms sign agreements with chipmakers and cloud providers to build data centers and AI hubs.  The money is expected to land in U.S. factories, energy projects, construction, and cutting-edge tech. Trump Wins Saudi Pledge to Boost US Investment to $1 Trillion | Newsmax.com

Trump Expands Critical Minerals List to Copper, Met Coal, Uranium

The Trump administration on Thursday added 10 minerals to a list it deems essential for the U.S. economy and national security, including copper, vital to electric vehicles, power grids, and data centers, and metallurgical coal, used to make coke fuel for steel production.  The Interior Department’s critical minerals list guides federal investments and permitting decisions and helps shape the government’s broader minerals strategy. The administration is expanding the list amid efforts to boost domestic mining and cut reliance on imports, particularly from economic rival China.  Trump expands critical minerals list to copper, met coal, uranium | Reuters

Trump Meets with Xi, Declares Immediate Cut to Tariffs by Josh Chin Follow and Meridith McGraw

U.S.-China summit offers relief to both sides while high-stakes rivalry carries on. President Trump and Chinese leader Xi Jinping emerged from their first face-to-face meeting in six years with a temporary truce in the bruising trade fight between the two superpowers. Their agreement lowers immediate tensions between the U.S. and China, which have been locked for months in a bitter struggle over trade and technology that has hurt both their economies. The agreement includes a reduction in stiff U.S. tariffs on Chinese goods in exchange for a pledge by China to crack down on the trade in the chemicals used to produce fentanyl. China also promised to ease the exports of rare earths—minerals that Western manufacturers rely on to make a range of goods. And Beijing promised to buy “tremendous amounts” of American soybeans.  Trump Meets With China’s Xi, Declares Immediate Tariff Cut – WSJ

TikTok’s Algorithm to Be Licensed to US Joint Venture Led by Oracle and Silver Lake

Tech giant Oracle will spearhead U.S. oversight of the algorithm and security underlying TikTok’s popular video platform under the terms of a deal laid out this week by President Donald Trump’s administration. All the final details still need to be nailed down among several joint venture partners that will include Oracle, investment firm Silver Lake Partners and possibly two billionaires — media mogul Rupert Murdoch and personal computer pioneer Michael Dell. . Although he no longer runs Oracle as its CEO, company co-founder Larry Ellison remains a top executive while also overseeing an estimated personal fortune of $390 billion. Ellison, 81, now could be in line to become a behind-the-scenes power player in the media, having already helped finance Skydance’s recently completed $8 billion merger with Paramount, a deal engineered by his son, David. The U.S. administration would not have a stake in the joint venture nor be part of its board, according to a senior White House official.  Oracle will manage TikTok algorithm for US users under Trump deal | AP News

US and UK Sign Science and Technology Agreement

On September 18, 2025, President Donald J. Trump and Prime Minister Keir Starmer signed the Technology Prosperity Deal, a landmark science and technology agreement that will propel the U.S. – UK special relationship to new heights for the technological age and deliver wins for the American people and American innovation globally. The Technology Prosperity Deal establishes joint initiatives between the two nations’ premiere research and standards institutions across artificial intelligence, nuclear energy, and quantum computing to bring transformative benefits to citizens – from accelerating breakthroughs in health care, to lowering energy costs, and supporting national security. US and UK Sign Science and Technology Agreement – electrifiED

Trump’s Team Explores Government-Backed Manufacturing Boost

President Trump’s team is weighing a plan to spur the construction of factories and other infrastructure in a bid to jump-start the American manufacturing sector, according to documents and people familiar with the discussions. Under the plan, the administration would use money from  a $550 billion investment fund established as part of trade negotiations with Japan to invest in the development of semiconductors, pharmaceuticals, critical minerals, energy, ships and quantum computing. Some of the projects would be granted preferential treatment from the government, including expedited regulatory review. The administration is considering granting leases to companies that would give them access to federal land and water.  Trump’s Team Explores Government-Backed Manufacturing Boost – WSJ

US Supreme Court to Hear Trump’s Tariffs Case on November 5 by Andrew Chung

The Supreme Court will hear arguments Nov. 5 on the legality of President Donald Trump’s tariffs imposed under the International Emergency Economic Powers Act. The case arises after lower courts found that Trump exceeded his powers under a federal law typically reserved for emergencies. The ruling could have significant implications for US trade policy and the limits of presidential authority. US Supreme Court to hear Trump’s tariffs case on November 5 | Reuters

Trump Is Bringing In So Much Revenue From Tariffs That It’s Seriously Reducing The $37 Trillion National Debt by Nick Lichtenberg, Fortune

President Donald Trump’s sweeping new tariffs are raking in unprecedented sums for the federal government—so much, in fact, that a top budget watchdog says the revenue rivals the impact of creating a brand-new payroll tax or slashing the entire military budget by nearly one-fifth. (These are rough estimates, to be sure, conveyed to communicate the magnitude of the tariffs, not precise contributions to the budget.) But can these massive cash flows, already topping tens of billions monthly, truly put a dent in America’s $37 trillion national debt? Actually, yes, according to the Committee for a Responsible Federal Budget (CRFB).The D.C.-based think tank estimates the tariffs will bring in an estimated $1.3 trillion of net new revenue through the end of Trump’s current term and $2.8 trillion through 2034.  Trump is bringing in so much revenue from tariffs that it’s seriously reducing the $37 trillion national debt

Trump Sets 100% Chip Tariffs Unless Firms Invest in U.S.

President Trump said he would impose roughly 100% tariffs on all chips coming into the U.S. but exempt tech companies that have promised to manufacture domestically, a big win for Apple and other electronics firms worried about new trade challenges. Trump’s announcement came at an event trumpeting a new $100 billion investment pledge from Apple. The company has increased its commitments in the U.S. but stopped short of moving iPhone production to the U.S. as Trump wants. The company’s $100 billion promise adds to a $500 billion, four-year commitment Apple made in February that repackaged much of Apple’s existing spending plans in the U.S. Nearly every major tech firm has promised to put more into their U.S. operations, resulting in over $2 trillion in new pledges in the past seven months. f16AjRmObp1pmp4xDQAH-WSJNewsPaper-8-7-2025.pdf

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