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…
Read MorePresident 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,…
Read MoreEnergy 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…
Read MoreState 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…
Read MoreWhite 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…
Read MoreDOJ Charges U.S. Citizens and Chinese Nationals for Illegal AI Tech Exports
Federal indictment alleges scheme to evade export controls on sensitive AI-related technology. Federal prosecutors recently charged two U.S. citizens and two People’s Republic of China (PRC) nationals living…
Read MoreBorder Officers Stop Illegal Export of Over 160 Exotic Animals
CBP and partner agencies uncover an attempted wildlife smuggling operation bound for Mexico. U.S. Customs and Border Protection (CBP) officers at the Anzalduas International Bridge in Texas prevented…
Read MoreEnergy Department Approves LNG Export Authorization for Louisiana Facility
DOE finalizes Venture Global CP2 LNG project approval, expanding U.S. natural gas exports The U.S. Department of Energy (DOE) has approved final authorization for the Venture Global CP2…
Read MoreTreasury Secretary Meets with China’s Vice Premier
The two leaders discussed ways to improve trade and reduce tariffs. U.S. Treasury Secretary Scott Bessent met with Chinese Vice Premier He Lifeng in Kuala Lumpur ahead of…
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