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President Donald J. Trump on Friday issued an Executive Order reversing the Biden administration’s prior prohibition of Nippon Steel Corporation’s proposed acquisition of United States Steel Corporation. The order clears the way for the $14.9 billion deal to proceed, contingent upon the execution and enforcement of a binding national security agreement.
The Office of the United States Trade Representative (USTR) has launched its biennial review of country eligibility under the Caribbean Basin Initiative (CBI) and is soliciting public comments to inform its report to Congress.
Head of the Criminal Division Matthew Galeotti discussed his newly released Foreign Corrupt Practices Act (FCPA) Enforcement Guidelines at the American Conference Institute (ACI) FCPA & Global Anti‑Corruption Conference in New York June 10. The guidelines, outlined in a June 9, 2025 memorandum from Deputy Attorney General Todd Blanche, direct prosecutors to pursue FCPA cases only when U.S. interests are demonstrably implicated.