He addressed the lone dissent of China from the consensus on the economic imbalance caused by cheap exports. Treasury Secretary Scott Bessent attended the G20 Finance meeting in…
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U.S. Imposes Tariff Hike After Canada Withdraws from Trade Deal
The president’s 50 percent tariffs went into effect on Saturday. U.S. Trade Representative Jamieson Greer announced that Canada declined to finalize the trade deal that had been discussed…
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White House Reports China Dodging Tariffs through Transshipment
The report estimates billions in federal revenue lost because of “China’s Shadow Transshipment Network.” The White House has released a report, titled “The Great Transshipment Scam,” that accuses China of shipping goods to third-party countries…
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President Delays Canadian Tariffs After Reaching Framework for Trade Deal
He also said that the Keystone Pipeline may be resurrected. President Donald Trump announced that a trade framework agreement with Canada late Tuesday. He said the tariffs set…
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Senate Passes Sanctions on Russia
The measure was one of the late Senator Graham’s top priorities. The U.S. Senate passed a sanctions package against Russia on Friday. The late Senator Lindsey Graham had…
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State Department Announces Iraq-Syria Crude Oil Pipeline
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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