Foxconn: Will deploy humanoid robots at its server manufacturing plant in Houston.

1. Boasting of the Strongest Economy in US History – Trump: We have the strongest economy in history, and energy prices are down significantly. Everything is going down. Beef prices are a bit high, but we'll bring that down too. 2. Satisfied with Extending the US-Mexico Trade Agreement – Trump stated that the tariff truce extension announced by Mexican leaders on Tuesday was a positive move, as the country has paid substantial tariffs, benefiting the US. 3. Will Meet with Nvidia CEO Trump: I want to congratulate Nvidia CEO Jensen Huang and will meet with him tomorrow. This comes after Nvidia announced a $500 billion AI chip order and plans to build seven supercomputers for the US government. 4. Admitting He's Not Allowed to Run for a Third Term Trump acknowledged that despite repeatedly mentioning his intention to run for re-election in recent months, the Constitution clearly does not allow him to seek a third presidential term. He added, "Sadly," he currently has very high political support. 5. Praising Bessant Trump: Thank you to Treasury Secretary Bessant for doing a "very good" job; Bessant reassured the markets. Trump considered appointing Bessant as Federal Reserve Chairman, but Bessant himself did not want the position. However, Trump later changed his tune: "We weren't actually considering him." 6. Massive US Government Layoffs Halted A US federal judge further blocked the Trump administration's plan for massive layoffs during the shutdown. In addition, US Vice President Vance stated that despite the unresolved government shutdown, the Trump administration still planned to pay military personnel salaries this Friday. 7. Trade Agreement Announced with South Korea At a dinner hosted by South Korean President Lee Jae-myung, Trump announced a trade agreement with South Korea. The US will maintain its 15% tariffs on all South Korean goods, reduce auto tariffs to 15%, and grant South Korea most-favored-nation status on pharmaceutical tariffs. 8. Threatened 250% Tariffs on India and Pakistan to Resolve Conflict Trump stated that earlier this year, he threatened to impose 250% tariffs to urge India and Pakistan to resolve their conflict. Trump has repeatedly claimed responsibility for resolving the India-Pakistan conflict, a claim refuted by Indian officials. 9. Expanding the Crackdown on Drug Trafficking Ships to the Eastern Pacific —The U.S. Defense Secretary stated that the U.S. carried out lethal strikes on four ships in the Eastern Pacific. Trump had previously declared that the U.S. was engaged in a “non-international armed conflict” with drug traffickers and recently expanded the scope of the crackdown from the Caribbean to the Eastern Pacific. 10. Senate Rejects Tariffs on Brazil —The U.S. Senate voted on Tuesday to repeal Trump’s 50% tariffs on Brazil. Five Republican senators joined Democrats in voting in favor, resulting in a 52-48 vote. This vote is seen as a symbolic condemnation of Trump’s trade policies. 11. Warning Hamas Will Be Eliminated If It Doesn’t “Restrain” —Trump: Hamas is a small part of the Middle East agreement. If Hamas doesn’t restrain itself, they will be eliminated; Israel has the right to retaliate. We have achieved peace in the Middle East. If necessary, we can easily eliminate Hamas. But we prefer a peaceful approach. 12. Trump Again Targets Powell, Says He Won't Allow Fed Rate Hikes —Trump has again targeted Federal Reserve Chairman Jerome Powell, accusing him of being slow to act on interest rate cuts. He previously stated that Powell is either "incompetent or bad." He also indicated that he will not allow the Fed to raise interest rates out of concern for inflation three years from now. Furthermore, he projects the US economy will grow by 4% in the first quarter of 2026.

UBS CFO: We do not control the timing of capital remittances from subsidiaries to Switzerland, but expect capital repatriation from the UK in the near to medium term.