1. US-Japan Trade Agreement Details Exposed: Investment Decisions Up to Trump — According to British media reports, an undisclosed memorandum signed by the US and Japan shows that as part of an agreement to avoid high tariffs, Japan has agreed to let Trump decide the investment direction of its $550 billion capital in the US. The document also stipulates that Japan has only 45 days to allocate funds for projects designated by Trump, or it will face the penalty of resumed high tariffs.
2. Attacking EU's Fine on Alphabet and Threatening Retaliation — Trump posted on social media that Europe's $3.5 billion fine on Alphabet is the latest in a series of many fines and taxes imposed on Alphabet and other American tech companies, which is extremely unfair! If the situation does not change, I will be forced to initiate Section 301 procedures to withdraw these unfair penalties imposed on American taxpaying enterprises.
3. Restoring the Old Name "Department of War" for the US "Department of Defense" — Trump signed an executive order on Friday officially renaming the Department of Defense to the Department of War. According to the order, the Defense Secretary may also use the title "Secretary of War." On the day the executive order was signed, the Pentagon immediately replaced nameplates for the Defense Secretary, Defense Secretary's office, and others, changing them to "Secretary of War" and "Secretary of War's Office." The US Department of Defense website and social media accounts have also been renamed to "Department of War."
4. Saying Venezuela's Additional Aircraft Will Bring Trouble — Trump stated that Venezuela's additional aircraft will bring trouble. If Venezuelan fighter jets threaten the United States, we will shoot them down. The US government has reportedly discussed measures for military strikes against drug trafficking organizations within Venezuela, including implementing cross-border attacks.
5. Signing Executive Order Adjusting Tariff Policy Scope — According to a White House statement, Trump signed an executive order adjusting the scope of import tariffs and implementing trade and security framework agreements with foreign trading partners. The executive order stipulates that after reaching framework agreements or final agreements with foreign trading partners, the US may adjust tariffs according to the agreement content, including reducing reciprocal tariffs on some goods to zero. Goods eligible for zero reciprocal tariffs include products that cannot be produced in the US or whose production is insufficient to meet domestic demand, specific agricultural products, aircraft and parts, and non-proprietary items for pharmaceutical applications.
6. Saying Fed Chair Candidates Narrowed to Three People — Trump said on Friday that he is considering letting White House National Economic Council Director Hassett take on other duties. Trump stated he roughly knows who to choose as Fed Chair, with Hassett being one of three possible candidates. However, he refused to acknowledge that he would choose Hassett as Fed Chair. Bessent voluntarily withdrew from the selection process.
7. Saying Powell Should Have Cut Rates Earlier — After the disappointing August US non-farm payrolls data, President Trump posted: "Mr. Too Late" Powell should have cut rates long ago. As usual, he is "too late"! He also said he would soon discuss the employment report issues.
8. Expressing No Concern About US-India Relations — When asked by reporters whether he was ready to restart relations with India, Trump said, "I'm always willing to do so. I've always been Modi's friend. He's an outstanding Prime Minister. I just don't like what he's doing right now, but I'll always maintain friendship. However, India and the US have a very special relationship. No need to worry. We just occasionally have minor episodes."
9. Federal Judge Blocks Government's Cancellation of Temporary Protection for Venezuelan and Haitian Immigrants — On September 5, local time, a federal judge in San Francisco ruled that the Trump administration's attempt to cancel Temporary Protected Status (TPS) for Venezuelan and Haitian immigrants was illegal. This ruling will allow hundreds of thousands of Venezuelan and Haitian immigrants in the US to continue enjoying protection from deportation.
10. Republicans Plan to Modify Rules to Accelerate Fed Board Nomination Confirmations — A US Senate Republican aide said on Friday that a rule amendment set for review early next week, if approved by the Republican-controlled Senate, would accelerate the confirmation process for Fed board candidates nominated by President Trump. If the Senate can timely pass rule changes regarding Trump's nomination procedures, Milan is expected to take office before the September 16-17 Federal Open Market Committee rate decision meeting.
11. Saying He's Decided to Deploy National Guard in Another US City — Trump said on the 5th that he has decided to deploy the National Guard in another American city to deal with riots, but did not reveal the specific location. However, when answering reporters' questions, Trump mentioned Portland, saying he was considering taking action there after seeing ongoing riots on television.
12. Exempting Gold, Tungsten, Uranium and Other Metals from Global Tariffs — According to foreign media reports, President Trump took action on Friday to exempt graphite, tungsten, uranium, gold bars, and other metals from his national tariffs while imposing taxes on silicone products. According to the executive order released on Friday, these changes will take effect on Monday.