Lebanese parliament speaker Berri told the Trump administration Sunday that Hezbollah is ready for a full and immediate ceasefire with Israel and pledged to guarantee its implementation, per Axios.
US officials told Berri they don't believe Netanyahu would agree.
Key developments:
- Iran's negotiating team suspended its exchange of messages with the US through mediators in protest of Israeli actions in Lebanon
- Netanyahu and Israeli Defense Minister Katz threatened strikes on Hezbollah targets in Beirut's Dahieh district; IDF issued an Arabic-language warning to residents to relocate
- Iranian FM Araghchi warned the US and Israel would bear "the consequences of any violation" of the ceasefire
- Iran and its "Axis of Resistance" said they are prepared to retaliate in the Strait of Hormuz and "activate other fronts," including the Bab el-Mandeb Strait
Raises risk that the Lebanon conflict derails the broader US-Iran deal.
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US has approved around 10 Chinese firms to buy Nvidia $NVDA H200 chips, but no deliveries have been made, per Reuters.
Approved buyers include Alibaba $BABA, Tencent $TCEHY, ByteDance, and JD. com $JD. Lenovo and Foxconn approved as distributors. Each customer can purchase up to 75,000 chips.
Chinese firms have pulled back after Beijing guidance, with the government pushing to protect homegrown chip development. Nvidia's share of AI accelerators in China has "effectively fallen to zero," per Huang.
Jensen Huang joined Trump's China trip after Trump picked him up in Alaska, hoping to unlock the stalled sales at the Beijing summit.
US intelligence agencies studying how Iran would react if Trump declares a unilateral victory in the war, per Reuters.
Goal: understand implications of pulling back from a conflict officials worry could contribute to "deep Republican losses" at midterms. Only 26% of Americans say the war has been worth the costs.
Key finding: if Trump declares victory but draws down forces, Iran would likely view it as a win. If he declares victory but keeps heavy troop presence, Iran would see it as a negotiating tactic.
Iran has used the ceasefire to dig out launchers, drones, and munitions buried by US/Israeli bombing - making the tactical costs of resuming war higher than when the ceasefire began.
White House describes domestic pressure to wrap up the war as "enormous."
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