Companies focused on expanding domestic aluminum smelting will be allowed to import primary aluminum at a reduced tariff rate. President Donald Trump issued a proclamation last month that…
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Senator Introduces Trade Deficit Elimination Act
Bill pushed to avoid congressional approval on mailable tariff adjustments. Senator Rick Scott of Florida introduced a bill to grant federal trade authorities additional control over tariffs on other…
Read MoreWhite House Imposes New Tariffs on 60 Countries After USTR Forced Labor Investigation
The trade representative stated, “It’s well past time for our trading partners” to ban the import of goods produced with forced labor. President Donald Trump’s administration is imposing…
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FTC Issues Warnings over Questionable “Made in the USA” Claims
Seven companies received letters from the FTC regarding the misrepresentation of their products’ origins. The U.S. Federal Trade Commission (FTC) has issued warning letters to seven different companies…
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President Responds to Houthi Attacks on Oil Tankers in Red Sea
He says he’ll hold Iran responsible for the Yemen proxy’s actions. President Donald Trump responded after the Houthis of Yemen claimed responsibility for missile and drone attacks on…
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Commerce Department Announces Additional $100 Billion for Semiconductor Manufacturing
Under the Taiwan trade deal, TSMC is now planning to invest a record $265 billion to increase its semiconductor manufacturing in the U.S. The U.S. Department of Commerce,…
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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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U.S. Troops to Entirely Withdraw from Iraq
The Iraqi prime minister said that the relationship between the U.S. and his nation is about the economy and not military. During a meeting with President Donald Trump…
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President Trump Updates Strait of Hormuz Strategy
He says that, instead of a 20 percent reimbursement to America, Gulf partners will invest in the U.S. President Donald Trump reported a change in U.S. strategy with…
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President Directs a Halt to Trade with Spain
He gave the direction during the second day of the NATO summit. President Donald Trump directed Treasury Secretary Scott Bessent to halt trade with Spain during the second…
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