U.S., Japan, South Korea sign reactor-export pact.
Today's events
Nuclear-energy pact.
The United States, Japan, and South Korea signed a memorandum in Ankara to speed exports of small modular reactors to other countries, with Washington adding over $10 million to a reactor-training program focused on the Indo-Pacific.1Jul 7 · StateChina's missile test.
The State Department said it tracked China's submarine launch of an unarmed intercontinental-range ballistic missile into the southern Pacific, and urged Beijing to open arms-control talks and notify launches as other nuclear powers do.2Jul 6 · StateTrade deficit.
The U.S. goods-and-services trade gap widened to $77.6 billion in May, up $23 billion from April as imports rose and exports fell; year-to-date the deficit is still down 41 percent from 2025.3Jul 7 · BEAAI accuracy rule.
The Federal Trade Commission proposed treating it as deception under consumer-protection law when companies secretly steer an AI system's outputs — even to comply with a state law like Colorado's AI Act — without telling users.4Jul 7 · FTCCoal security probe.
The Commerce Department opened a national-security investigation into imports of anthracite and metallurgical coal — key inputs for U.S. steelmaking — and is taking public comment through July 21.5Jul 7 · CommerceExploited software flaws.
CISA added four actively exploited vulnerabilities to its catalog — in Adobe ColdFusion, Langflow, and two Joomla page-builder tools — ordering federal civilian agencies to patch internet-facing systems quickly.6Jul 7 · CISARent-algorithm settlement.
The Justice Department reached a proposed settlement with Willow Bridge, one of America's largest landlords, barring it from using shared data and pricing algorithms to align rents — the latest step in the RealPage antitrust case.7Jul 6 · DOJAdderall fraud sentence.
Done Global founder Ruthia He was sentenced to six years for a $90 million scheme that pushed over 37 million Adderall pills through her telehealth app and defrauded insurers; a co-defendant got two years.8Jul 7 · DOJQuantum initiative.
The National Science Foundation launched Project Triad to fuse quantum sensing, networking, and computing into one working system, aligning with a White House order to speed U.S. quantum technology into real-world use.9Jul 7 · NSF
This week
Beijing summit on the record.
Newly published presidential remarks confirmed Trump met Xi Jinping in Beijing on June 30 — a state banquet and tea — before flying home. Two days later, Secretary Rubio and China's top diplomat Wang Yi spoke by phone about building “a constructive relationship of strategic stability based on fairness and reciprocity.” Both preceded the same week's Chinese missile test and new U.S. steel and coal probes.2Jun 30 · WHU.S. deepens Venezuela role.
Gen. Dan Caine, chairman of the Joint Chiefs, made his first visit to Caracas on July 3, pledging the U.S. military to a three-phase stability plan for the country's interim government. In the same stretch, a disaster-relief airbridge after the June 24 earthquakes grew to 110 Air Force airmen running Caracas's main airport, and a presidential determination cleared new U.S. assistance as in the national interest. Venezuela holds the world's largest proven oil reserves.3Jul 3 · Joint StaffNorth American trade pact left unrenewed.
At the first joint review of the U.S.–Mexico–Canada Agreement, the U.S. declined to renew it on July 1, faulting Mexican limits on energy investors and Canadian dairy curbs; the pact stays in force during renegotiation, with a third round of talks with Mexico set for the week of July 20. Separately, the May goods-and-services trade gap widened to $77.6 billion, up $23 billion from April, though it remains down 41 percent year-to-date.4Jul 1 · USTRFirst CRISPR therapy for young children.
The Food and Drug Administration on July 1 approved Casgevy, a gene-editing treatment, for children as young as 2 with sickle cell disease or transfusion-dependent beta thalassemia — the first CRISPR therapy cleared for patients that young. It extends a one-time, potentially curative option to two inherited blood disorders that together affect millions worldwide.6Jul 1 · FDA
Allied Governments
European strike fund.
Prime Minister Keir Starmer convened about a dozen European partners in Ankara to launch a UK-led plan to spend $50 billion over ten years on long-range “deep precision strike” weapons for NATO.aJul 8 · UK No.10Defence raw materials.
NATO Secretary General Mark Rutte launched a project bringing twelve allies together to acquire, store, and manage critical raw materials for weapons production, aiming to harden defence supply chains against disruption.bJul 7 · NATOCounter-drone push.
NATO allies pledged more than $40 billion over five years for counter-drone systems and aim to train five times as many drone operators by the end of 2027, opening a NATO-tested drone marketplace.cJul 7 · NATO
Voices
“One of the most important issues in the world today, as we’re reminded of even now with events happening in the Straits of Hormuz … is energy security.”
Sec. of State Marco Rubio, Ankara · Jul 71
“Beijing’s rapid and opaque nuclear weapons buildup is of great concern to the region and the world.”
State Dept. Spokesperson Tommy Pigott · Jul 62
“Consumers have no basis to believe that AI systems aim to produce outputs that are distorted by undisclosed ideological objectives.”
FTC proposed policy statement · Jul 74
“Companies cannot share sensitive data and manipulate AI tools or algorithms to produce market aligned pricing.”
Associate Attorney General Stanley Woodward · Jul 67
“Ruthia He hid behind the cloak of medicine to deceive the public, defraud health care programs, and unlawfully deal highly addictive drugs to vulnerable patients.”
AAG Colin M. McDonald, DOJ · Jul 78
“NSF Project Triad will unite the research enterprise to advance the administration’s vision, ensuring public investments translate into strategic advantages in quantum technology for all Americans.”
Brian Stone, acting NSF director · Jul 79
Sources
- U.S. Dept. of State, “The United States, Japan, and the Republic of Korea Sign a Trilateral Memorandum of Cooperation on Small Modular Reactor Deployments in Other Countries,” July 7, 2026. state.gov/releases/…/us-japan-rok-smr-memorandum
- U.S. Dept. of State, “China Launches Nuclear Capable Ballistic Missile into Pacific Ocean,” July 6, 2026. state.gov/releases/…/china-launches-ballistic-missile-pacific
- Bureau of Economic Analysis, “U.S. International Trade in Goods and Services, May 2026,” July 7, 2026. bea.gov/news/2026/…/us-international-trade-may-2026
- Federal Trade Commission, “Policy Statement Concerning the Suppression of Accuracy in Artificial Intelligence Systems,” July 7, 2026. federalregister.gov/…/ftc-accuracy-in-ai-systems
- U.S. Dept. of Commerce, “Notice of Request for Public Comments on Section 232 National Security Investigation of Anthracite Coal,” July 7, 2026. federalregister.gov/…/section-232-anthracite-coal
- CISA, “CISA Adds Three Known Exploited Vulnerabilities to Catalog” (with a fourth, Adobe ColdFusion, added the same day), July 7, 2026. cisa.gov/news-events/…/three-known-exploited-vulnerabilities
- U.S. Dept. of Justice, “Justice Department Reaches Proposed Settlement with Willow Bridge, One of America's Largest Landlords, to Resolve Information Sharing and Algorithmic Coordination Claims,” July 6, 2026. justice.gov/opa/pr/…/willow-bridge-settlement
- U.S. Dept. of Justice, “Founder/CEO and Clinical President of Digital Health Company Sentenced… for $90 Million Scheme to Distribute over 37 Million Pills of Adderall,” July 7, 2026. justice.gov/opa/pr/…/done-global-adderall-sentencing
- National Science Foundation, “NSF launches Project Triad to advance quantum technology for real-world applications,” July 7, 2026. nsf.gov/news/…/project-triad-quantum
- UK Prime Minister's Office (No.10), “$50bn boost for European deep precision strike capabilities as UK leads new initiative,” July 8, 2026. gov.uk/government/news/…/deep-precision-strike-initiative
- NATO, “NATO Allies launch new project on critical raw materials for defence,” July 7, 2026. nato.int/…/critical-raw-materials-for-defence
- NATO, “NATO Allies invest 40 billion dollars in counter-drone capabilities and drone training,” July 7, 2026. nato.int/…/counter-drone-capabilities