The 90-day extension will allow for continued negotiations to avoid exorbitant import duties on both sides. President Donald Trump announced that the U.S. and China are extending the…
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President Trump Directs Commerce Department to Develop New Census
The process would not include illegal aliens in the population count. President Donald Trump announced his administration’s intention to update U.S. census data collection to exclude undocumented immigrants…
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Commerce Secretary Confirms August 1 “Hard Deadline” for EU Tariffs
He says 30 percent tariff increase on European products is unlikely to trigger inflation. Commerce Secretary Howard Lutnick recently confirmed that the August 1 deadline for new tariffs…
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President Trump Hosts Faith-Based Luncheon
Business leaders and CEOs who have invested in the White House Faith Office attended. President Donald Trump hosted a luncheon in the State Dining Room on Monday for…
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Commerce Secretary Announces Rare Earths Trade Deal
Commerce Secretary Howard Lutnick announced that the U.S. and China have formally signed a trade agreement resulting from recent talks in Geneva. The deal includes a commitment from…
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Federal Reserve Holds Interest Rates Steady
Chairman says panel needs to “wait to learn more” about economy direction. Federal Reserve Chair Jerome Powell announced Wednesday that the central bank will continue to hold its…
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U.S. Announces Preliminary Trade Deal with China
Negotiators finalize terms but need approval from President Trump and President Xi. Negotiators from the United States and China announced Wednesday that they have finalized a framework for…
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DHL Resumes International Consumer Imports Valued Over $800
The company announced it had a “constructive dialogue” with the U.S. government. Shipping company DHL announced that it has resumed shipments of imports over $800 after a pause…
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NEC Director Announces 130 Nations Engaging in Trade Negotiations
He says the administration has made “astonishing” progress. White House National Economic Council Director Kevin Hassett reported that President Donald Trump’s trade team has made progress on the…
Read MoreCommerce Secretary Says Semiconductor Tariffs are Coming Soon
The tech exemptions from President Trump are temporary. Commerce Secretary Howard Lutnick explained President Trump’s decision to incorporate tariff exemptions for key electronic components on Sunday. He said…
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