The department stated the individuals and companies work to finance nuclear missile programs The Treasury Department’s Office of Foreign Assets Control (OFAC) recently sanctioned 30 more entities that…
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U.S. Announces Preliminary Trade Deal with China
Negotiators finalize terms but need approval from President Trump and President Xi. Negotiators from the United States and China announced Wednesday that they have finalized a framework for…
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Treasury Secretary Warns California Governor Over Proposed Tax Evasion
Governor Newsom suggested his state would not send billions in taxes to the federal government. U.S. Treasury Secretary Scott Bessent recently warned Governor Gavin Newsom of California over…
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Federal Agencies Request Public Input on Healthcare Price Transparency
The effort aligns with President Trump’s executive order on healthcare pricing. The Departments of Labor, Health and Human Services (HHS), and the Treasury recently issued a joint Request…
Read MoreState Department Places Additional Sanctions on Chinese and Iranian Entities
The administration imposes secondary sanctions for the third straight day. The United States has imposed more sanctions this week against third parties who allegedly advanced Iran’s nuclear weapons…
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House Considers Plan to Raise Debt Ceiling
Treasury secretary encourages the $4 trillion increase before the House recesses. The House majority unveiled a proposal to raise the federal debt ceiling by $4 trillion this week,…
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U.S. and China Announce Tariff Reduction Amid Trade Negotiations
The 90-day reduction comes after trade officials met in Switzerland. The United States and China issued a joint statement outlining their agreement to reduce retaliatory tariffs for 90…
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President Trump Announces Trade Deal with United Kingdom
This is the first trade pact after he paused reciprocal tariffs last month. President Donald Trump announced the U.S. has reached a trade deal with the United Kingdom,…
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U.S. Officials to Meet with Chinese Trade Representatives in Switzerland
Secretary Bessent says the priority will be to deescalate the retaliatory tariffs. U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer announced that they will travel…
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DHL Resumes International Consumer Imports Valued Over $800
The company announced it had a “constructive dialogue” with the U.S. government. Shipping company DHL announced that it has resumed shipments of imports over $800 after a pause…
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