What has Trump been busy with in the past 24 hours? (2025-07-16)

1. Not in a hurry to engage in dialogue with Iran - U.S. President Trump stated in a speech on Tuesday that he is not in a hurry to engage in dialogue with Iran.
2. Trade agreement with Indonesia - a 19% tariff will be imposed on imported goods from Indonesia, while exports from the U.S. to Indonesia will enjoy duty-free and non-tariff barrier treatment. If goods are transshipped from Indonesia, the tariffs will be cumulative with the tariffs of the country of origin.
3. Tariff letters will soon be sent to small countries - Trump stated that tariff letters for smaller countries will be sent out soon and added that tariffs of "slightly above 10%" may be imposed on these countries. The trade agreement with Vietnam has been basically finalized.
4. Powell is sufficiently fireable - Trump said Powell's stance on renovating the Federal Reserve building is somewhat like a dismissible fault; Bostic is a candidate to replace the chair of the Federal Reserve, but is satisfied with Bostic's performance as Treasury Secretary.
5. Supporting Pension Plans to Invest in the Private Market - According to informed sources, U.S. President Trump is expected to sign an executive order in the coming days aimed at helping U.S. pension plans to enter the private market investments more.
6. Dinner with the Prime Minister of Qatar - Trump will have dinner with the Prime Minister of Qatar on Wednesday to discuss the negotiations for the hostages in Gaza and the ceasefire agreement. Qatar is a key mediator in the Gaza agreements between Israel and Hamas.
7. Withdraw the soldiers of the Los Angeles National Guard - U.S. Secretary of Defense Hegseth has ordered the withdrawal of 2,000 National Guard soldiers performing federal protective duties in Los Angeles.