Inside Trump’s Greenland Deal

Paramount and state attorneys general are negotiating concessions, including a $1.5 billion California investment and studio retention promises, to finalize the $81 billion merger with Warner Bros. Discovery. Paramount will face a $7 million daily ticking fee starting next month if the merger is not complete.

President Trump is creating a new AI force and recruiting an AI czar, marking the first time he has suggested a federal entity solely focused on AI.

Washington will take a light regulatory touch, arguing companies can simply stop developing unsafe technology without government mandates.

President Trump has opposed increased AI regulations, arguing limited guardrails are needed to stay ahead of China.

The U.S. auto industry is urging President Trump to block Chinese car manufacturers from selling, importing, or building vehicles domestically, warning that Chinese-owned plants would threaten American jobs and national security. Trump has indicated he would welcome Chinese-owned auto plants on U.S. soil.

The Trump administration is preparing to impose sweeping sanctions on the International Criminal Court as an institution, which would bar U.S. companies and banks from conducting transactions with the court. The sanctions mark a sharp escalation aimed at dismantling the institution following its arrest warrant for Israeli Prime Minister Benjamin Netanyahu.

The Trump administration argues the ICC shouldn't exercise authority over nationals of non-member states like Israel and the U.S. The ICC responds that while the accused are not nationals of member states, they committed alleged crimes on the territory of entities that signed the Rome Statute, including the Palestinian Authority.

Yemen's Iran-backed Houthis launched fresh attacks against Saudi Arabia, targeting jet fuel storage at Riyadh's King Khalid International Airport. The rebels claim they will continue strikes until Saudi Arabia ends its decade-long blockade. According to reports, the Houthis have assured the Trump administration they won't attack U.S. vessels in the Red Sea.

A shortage of Very Large Crude Carriers is causing a supply crunch, with shipping costs through the Strait of Hormuz reaching a record $1 million per day. Shipping rates between the American Gulf Coast and China, as well as West Africa and China, are now roughly double where they were a week ago.

The U.S. and Greenland are expected to sign a security deal allowing more American forces on the island and driving U.S. investment, lasting in perpetuity regardless of Greenlandic independence or NATO's existence. The agreement respects Greenlandic and Danish sovereignty, differing from the 1951 treaty which was contingent on Greenland remaining part of Denmark. White House officials have acknowledged the U.S. could protect its security interests with the existing treaty and have tried to convince the president to settle for less than his public annexation proposals.

The security deal is expected to ease geopolitical tension and remove stigma around American cooperation, potentially driving investment in tourism and military base subcontracting rather than immediate rare earth extraction. Trump's initial interest drove commercial attention, but his annexation threats made investors skittish and Greenlanders wary.