Woofun AI reports that US President Donald Trump highlighted the June inflation data, noting the Consumer Price Index monthly rate experienced its largest decline in six years. The actual CPI figure fell below the projections of all 67 economists surveyed by Bloomberg. Prices for gasoline, electricity, car insurance, hotels, and prescription drugs decreased, contributing to a 0.8% surge in real wages alongside strong wage growth.

TSMC announced a $100 billion reinvestment in its Arizona semiconductor facility, raising its total US factory investment to $265 billion. The administration cited these developments, along with manufacturing employment growth and factory expansion, as evidence of a return of advanced manufacturing to the United States.