The pact will develop technologies “to stay ahead of emerging threats.” The U.S. Department of Defense (DoD) signed a Memorandum of Understanding this week with the Tawazun Council…
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FTC and DOJ Begin Review of Federal Rules to Identify Anticompetitive Regulations
The effort follows an executive order from the president to evaluate federal regulations for oversight. Chairman Andrew Ferguson of the Federal Trade Commission (FTC) and Assistant Attorney General…
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Saudi Arabia Commits to $600 Billion Investment in U.S.
President Trump announces the economic commitment during his visit to Riyadh. The White House announced on Tuesday the commitment by Saudi Arabia to invest $600 billion in the…
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President Trump Visits Saudia Arabia
He will also meet with leaders in Qatar and United Arab Emirates this week. President Donald Trump is in the Middle East this week to discuss trade and…
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U.S. and China Announce Tariff Reduction Amid Trade Negotiations
The 90-day reduction comes after trade officials met in Switzerland. The United States and China issued a joint statement outlining their agreement to reduce retaliatory tariffs for 90…
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Stablecoin Crypto Framework Legislation Blocked in Senate
The Genius Act failed to receive the required two-thirds support. Debate for the GENIUS Act ended on Thursday as a potential legal framework for a form of cryptocurrency…
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U.S. Officials to Meet with Chinese Trade Representatives in Switzerland
Secretary Bessent says the priority will be to deescalate the retaliatory tariffs. U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer announced that they will travel…
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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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Treasury Secretary Responds to Economic Forecast Downgrade
He said the IMF is “failing to critique the countries that need it most.” Treasury Secretary Scott Bessent spoke to the Institute of International Finance this past week,…
Read MoreDHL Halts Consumer Shipments to U.S. Worth Over $800 Due to Tariffs
The service says the updated customs declaration policy is causing “multi-day transit delays.” International shipping service DHL announced that it will be pausing shipments from foreign businesses to…
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