Economic pact outlines changes to drug pricing, investment commitments, and trade treatment between the two countries. The Department of Commerce, the Office of the U.S. Trade Representative, and…
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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…
Read MorePresident Makes Trade Deals with More Countries
Switzerland, South Korea, El Salvador, Argentina, Ecuador, and Guatemala each make agreements with the U.S. The United States announced several trade deals this week, with Switzerland, South Korea,…
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Administration Funds WIC Through Tariff Revenue
The allotted funding comes through USDA and will provide approximately three weeks of benefits. President Donald Trump’s administration has allocated $450 million in tariff revenue to support the…
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Federal Judge Orders USDA to Use Contigency Fund for SNAP Benefits
House Speaker Johnson had said the funds are for emergency use only when appropriations have been passed. Federal Judge John McConnell ordered the U.S. Department of Agriculture to…
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President Trump Makes Trade Deal with China
Based on commitments from the Chinese president, President Trump lowered fentanyl-linked tariffs to 10 percent. President Donald Trump met with Chinese Communist Party (CCP) President Xi Jinping on…
Read MoreSenate Passes Bills to End President’s Tariffs on Canada and Brazil
The House of Representatives is unlikely to take up the measures. The Senate narrowly approved two bills this week, introduced by Senator Tim Kaine of Virginia, to respectively…
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President Trump Makes Trade Deals in Asia
He also withdraws from trade talks with Canada after its government uses a recording of President Reagan in ads against tariffs. President Donald Trump has signed trade deals…
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Treasury 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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President Trump Reports India to Halt Russian Oil Purchases
President Trump enacted an additional 25% tariff on top of the 25% already in place over the oil imports. President Donald Trump announced that Prime Minister Narendra Modi…
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