Trump's busy weekend: Military parade, G7 summit, & more
It's a big weekend for President Trump: On Saturday, the US military parade will celebrate the US Army's 250th anniversary, coinciding with Flag Day and President Trump's 79th birthday. This Sunday, the G7 summit will begin in Canada.
Yahoo Finance Senior Reporter Jennifer Schonberger joins Market Domination Overtime with Julie Hyman to discuss the details.
To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.
The US Army is marking its 250th anniversary Saturday with a day-long festival and parade that happens to be coinciding with President Donald Trump's 79th birthday. Yahoo finances Jennifer Schonberger back with us for what to expect in DC this weekend. What's this going to look like, Jen?
Yeah, that's right, Julie. The US Army will mark its 250th birthday complete with a military parade, one that we haven't seen in decades, which as you said, coincides with not only the president's 79th birthday, but also Flag Day. The parade expected to be a spectacle complete with vintage military vehicles, weapons and flyovers, will tell the story of the army starting with the Revolutionary War and conclude with the future of the army. The procession kicks off at 6:30 p.m. down Constitution Avenue featuring 150 vehicles from tanks used during the Gulf War to a Black Hawk helicopter and 6700 soldiers in uniforms. Republican and Democratic lawmakers have fretted over the cost, which the Pentagon reportedly has said could reach $45 million. Now, the parade will conclude with President Trump's remark remarks and a Golden Knights parachute display, but while this parade rolls through the streets of Washington, 1900 protests across all 50 states are expected and what's being called the No Kings movement, protesters are seeking to reject what they call authoritarianism and billionaire first politics. Right-wing supporters of President Trump are expected to protest those protests, so we could see some clashing across the country on that tomorrow. And if you are wondering why the US Army is marking its birthday right now as opposed to next year when the US turns 250. Well, it turns out that the US Army was actually founded on June 14th, 1755, so just over a year before the Declaration of Independence was signed, a little bit of history there for you.
Yeah, right? Uh interesting fact trivia, historical trivia. Love it. Um, uh, and then the day after the parade on Sunday, the president will be heading to Canada for a group of seven meeting. Um, obviously we know that past relations with Canada in particular had been tense. What should we be looking for there?
Yeah, that's right, Julie. On Monday, the president's set to meet with his colleagues in the G7 where they're expected to talk about top security and economic issues. According to a senior White House official, discussions are expected to include those on trade, the global economy, critical minerals, migrant and drug smuggling, wildfires, international security, artificial intelligence and energy security. The president said to be eager to discuss trade relationships and making those fair and reciprocal while also opening up new export markets for the US. He also wants to try to make or position the US to be a leader in artificial intelligence.
Jen, thanks so much. Appreciate it.
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