President Trump said Toyota is moving from Mexico to Texas and called the move very important.

The 2026 World Artificial Intelligence Conference and High‑Level Conference on AI Global Governance will be held July 17–20 in Shanghai. A July 7 Shanghai briefing said the exhibition area will top 100,000 sq m for the first time, with over 1,100 exhibitors and more than 3,000 exhibits; roughly 300 products are slated for global debuts. Two major tracks—intelligent computing and embodied AI—each gather 200+ companies; dozens of leading chain owners, central state‑owned enterprises and top foreign firms will attend with ecosystem partners.

President Trump said talks with Iran were close to an agreement but warned that if negotiations fail the U.S. would "finish the job." He asserted U.S. forces could destroy Iran's electricity grid, power plants and bridges "in less than an afternoon," but said he prefers a deal to avoid harming Iran's 91 million population. Trump reiterated Iran must not acquire nuclear weapons and said the U.S. would secure enriched nuclear material, while denying an objective of regime change. He also claimed U.S. forces have destroyed all 159 Iranian vessels and all Iranian military aircraft and radar systems. On oil, Trump said global crude is trading below pre-conflict levels and that U.S. forces covertly escorted tankers through the Strait of Hormuz during a blockade to maintain supply and prevent prices reaching $300–350 per barrel.