President Trump has announced a summit with Russian President Vladimir Putin scheduled for Friday, Aug. 15 in Alaska.
The Trump administration is also once again escalating its clash with Harvard University, with Commerce Secretary Lutnick sending a letter Friday to Harvard President Alan Garber that accuses Harvard of violating its legal and contractual obligations related to federally funded research programs and patents.
Lutnick said the Commerce Department is launching an "immediate comprehensive review" of Harvard’s federally funded research programs.
Apple CEO Tim Cook joined Trump at the Oval Office to announce the company's $100 billion U.S. manufacturing investment.
President Donald Trump speaks next to Apple CEO Tim Cook as they present Apple's announcement of a $100 billion investment in U.S. manufacturing in the Oval Office at the White House in Washington, Aug. 6, 2025.
Win McNamee/Getty Images
Apple said it would manufacture its components for its products, including glass. Cook presented a special glass ornament to Trump.
Aug 06, 2025, 5:10 PM EDT
US could sanction Russian 'shadow fleet': Officials
President Trump is considering sanctioning Russia's so-called "shadow fleet" as a part of a range of options that has been presented to him, two U.S. officials told ABC News.
Those options include, but are not limited to, ramped up sanctions and harsher sanctions' enforcement, including for the fleet of oil tankers, an official familiar with ongoing discussions told ABC News.
Russian President Vladimir Putin attends a meeting with Russia's state development corporation VEB.RF chairman Igor Shuvalov at the Kremlin in Moscow, Russia, Aug. 5, 2025.
Mikhael Klimentyev/Sputnik/EPA/Shutterstock
Russia's shadow fleet is composed of aging oil tankers that hide their ownership as a way to evade sanctions.
The U.S. already has sanctions on over 180 of these vessels — slapped on Russia by President Joe Biden at the end of his term — so the move wouldn't be the first of its kind. Trump has not sanctioned Russia in his second term.
-ABC News' Shannon Kingston and Christopher Boccia
Aug 06, 2025, 10:48 AM EDT
Trump hits India with more tariffs over Russian oil imports
President Donald Trump is hitting India with an additional 25% tariff over its imports of Russian oil, the White House said on Wednesday.
"I find that the Government of India is currently directly or indirectly importing Russian Federation oil," Trump said in an executive order.
"Accordingly, and as consistent with applicable law, articles of India imported into the customs territory of the United States shall be subject to an additional ad valorem rate of duty of 25 percent," the order stated.
President Donald Trump speaks after signing an executive order on creating a White House 2028 Olympics task force in the South Court Auditorium of the White House in Washington, Aug. 5, 2025.
Brendan Smialowski/AFP via Getty Images
Trump on Monday said he would be "substantially raising" tariffs on India, after imposing a 25% tariff rate against the nation last week.
India pushed back in a statement that the Trump administration's targeting of India over Russian oil imports was "unjustified and unreasonable" and that it "will take all necessary measures to safeguard its national interests and economic security."
Aug 06, 2025, 9:55 AM EDT
Trump to announce Apple $100B investment
Trump is expected to announce Wednesday that Apple will invest $100 billion more in the U.S., raising Apple's total commitment towards domestic manufacturing to $600 billion over the next four years.
Apple's announcement comes as Trump continues to push the tech company to manufacture its iPhones in the United States, threatening them with a 25% tariff if they don't.
Apple's investments will go towards building a new American Manufacturing Program in order to bolster Apple's supply chain and advanced manufacturing into the United States, according to a WH official.
President Donald Trump listens to a question from a reporter after signing an executive order about the 2028 Los Angeles Olympic Games, in the South Court Auditorium of the Eisenhower Executive Office Building, Aug. 5, 2025.
Alex Brandon/AP
Back in February, Apple announced a $500 billion investment over the next four years, which it said will go towards expanding U.S. manufacturing facilities in places like Michigan, Texas, and California.
Apple didn't immediately comment on the announcement.