Geopolitical Landscape & US Foreign Policy - President Trump abruptly cancelled meetings at the G7 summit, citing the need to address the ongoing conflict in the Middle East [1][2] - The US is considering its role in supporting Israel, weighing military intervention against diplomatic solutions [3][4] - President Trump stated he is seeking a definitive "end" to the conflict rather than a ceasefire [5] - German Chancellor indicated that complete destruction of Iranian nuclear program is on the agenda if Iran does not back down, which Israel cannot achieve alone [4] Trade Negotiations & International Relations - Limited tangible progress was made on the trade front at the G7 summit, despite numerous meetings with G7 and EU leaders [7] - President Trump expressed dissatisfaction with the EU's trade offers, deeming them unfair [8] - A potential trade deal with Japan is possible, but negotiations are expected to be challenging [8] - The German Chancellor anticipates a resolution to the tariff dispute with the US (EU) before the end of summer [9][10] - President Trump views the EU as economically competitive and potentially challenging to the United States [11] - The US may consider extending the July 9th deadline for trade negotiations with the EU if progress is being made [11][12][14]