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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Special Envoy Receives Outline from Russia on Truce Terms
The special envoy and secretary of state are now in Paris for discussions with French officials. U.S. special envoy Steve Witkoff received details from Russian President Vladimir Putin…
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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…
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EU Pauses Retaliatory Tariffs After President Trump Pauses Tariffs
The EU is matching President Trump’s 90-day pause and preparing for trade negotiations. President Donald Trump implemented dozens of steep tariffs last week, largely implementing half the percentage…
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President Trump Pauses Tariffs on Most U.S. Trading Partners
Keeps 125% tariff in place with China after they retaliated with an increase. On Wednesday, President Donald Trump dropped the tariffs on the majority of U.S. trading partners…
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