The U.S. Treasury Secretary Scott Bessent indicated that the Trump administration is investigating whether Chinese AI models have been derived from American technology, raising concerns about intellectual property theft. This scrutiny comes as OpenAI prepares for a substantial initial public offering, having appointed experienced financial executives to its boards.
Additionally, lobbying efforts by leading AI firms OpenAI and Anthropic have increased, with a reported $3.17 million spent in the second quarter, reflecting their push to influence government policy. On the trade front, U.S. Trade Representative Jamieson Greer suggested that new tariffs are imminent as the administration seeks to revive its protectionist agenda.
Meanwhile, the ongoing conflict in the Middle East, highlighted by U.S. strikes in Iran, adds further geopolitical uncertainty. In the aerospace sector, Boeing and Airbus are planning future narrow-body aircraft, but current demand from airlines remains focused on existing models rather than new developments