The agreement was reached on U.S. soil in an effort to reduce dependency on the Strait of Hormuz. The Department of State announced Iraq and Syria’s intent to…
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U.S. Imposes 25% Tariff on Brazil
The U.S. Trade Representative stated that Brazil’s trade practices “burden or restrict the commerce of American farmers, workers, innovators, and exporters.” U.S. Trade Representative (USTR) Jamieson Greer announced…
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Circuit Court Denies Challenge of Natural Gas Deepwater Port License
The court held that three environmental groups lacked standing to bring the lawsuit. The Department of Justice announced that the Fifth Circuit U.S. Court of Appeals denied a…
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U.S. Anticipates Changes to USMCA Trade Agreement
The U.S. trade representative participated in a virtual meeting with Canadian and Mexican officials this week. U.S. Trade Representative Jamieson Greer spoke about the plans of President Trump’s…
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Transportation Department Invests in U.S. Ports to Strengthen Supply Chains
Maritime Administration awards $774 million to improve infrastructure. The U.S. Department of Transportation’s (DOT) Maritime Administration (MARAD) announced $774 million in funding for 37 port projects across coastal,…
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Treasury Secretary Outlines Potential Sanctions on China for Financial Support to Iran
The economic pressure on Iran contributed to the reopening of the Hormuz Strait. Treasury Secretary Scott Bessent discussed the “secondary sanctions“ the United States has threatened to impose…
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President Trump Postpones Beijing Summit with Chinese President Xi
The trip is being rescheduled for a few weeks later as President Trump focuses on military operations in Iran. President Donald Trump confirmed that his trip to Beijing,…
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Energy Secretary Authorizes LNG Export Expansion at Texas Terminal
The U.S. is now leading the world as the largest producer and exporter of natural gas. Secretary of Energy Chris Wright announced an export authorization for Cheniere Energy’s…
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State Department Sends Delegation to APEC Senior Officials’ Meeting in Guangzhou
The U.S. seeks to deter illegal fishing and increase foreign markets for American exports. The U.S. State Department announced that U.S. Senior Official Casey Mace and Acting Principal…
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White House Announces Trade Deficit Reduction
The deficit has reached a 5-year low. The White House announced that the U.S. trade deficit has decreased to its lowest since mid-2020. The deficit has gone down…
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