The department explained, “Operation Economic Outcast is severing the remaining economic lifelines that sustain the Iranian regime.” The Department of the Treasury announced that, as part of Operation Economic…
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President Trump Adjusts Tariffs on Aluminum, Copper, and Steel
Following the Commerce Secretary’s recommendation, tariffs on certain aluminum and steel products were reduced from 25% to 15%. President Donald Trump issued a proclamation this week lowering the…
Read MoreAdministration Announces Planned Tariff Increase on European Vehicle Imports
The proposal would raise duties on EU cars and trucks amid ongoing trade tensions. President Donald Trump announced plans last week to increase tariffs on cars and trucks…
Read MoreU.S. Allies Urge Inclusion of Hezbollah in Iran Peace Deal
Iran is not keeping strictly to the initial ceasefire agreement. The leaders of several nations issued a joint statement urging the inclusion of Israel’s strikes against Hezbollah in…
Read MoreU.S. Treasury Sanctions Russian Oil Companies
The administration responds to President Putin’s lack of good faith in negotiating for peace in Ukraine. Department of the Treasury’s Office of Foreign Assets Control imposed sanctions on…
Read MorePresident Trump Now Says Ukraine Can Take Back Territories with NATO Help
He also said that European nations should shoot down Russian aircraft violating their airspace. After a meeting with Ukrainian President Volodymyr Zelensky on Tuesday, President Donald Trump stated…
Read MorePresident Proposes Tariff Increase over Foreign Taxes on U.S. Tech Companies
He called the taxation of companies like Google and Meta “discriminatory actions.” President Donald Trump warned that he would impose new tariffs against countries that tax or regulate…
Read MorePresident Trump is Arranging a Meeting Between Ukrainian and Russian Presidents
President Trump paused the trilateral meeting with Ukraine and European leaders to call President Putin. President Donald Trump announced that Presidents Vladimir Putin and Volodymyr Zelensky would be…
Read MoreCommerce 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…
Read MoreUSDA Secretary Promotes Expanded Trade During Visit to Italy
Secretary Rollins meets with Italian and UN leaders to expand U.S. agricultural exports to Europe and global food aid programs. U.S. Secretary of Agriculture Brooke Rollins recently completed…
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