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President Trump has conceded that he may have bitten off more than his team can chew, by picking simultaneous trade battles with nearly every country on Earth.
“We have, at the same time, 150 countries that want to make a deal, but you’re not able to see that many countries,” he told an audience in the UAE, conceding that it is "not possible to meet the number of people that want to see us”.
China has called on the United States to terminate its Section 232 tariffs on automobiles, steel, and aluminum, and to stop its ongoing national security investigation into imported pharmaceuticals. Speaking at a regular press conference, Ministry of Commerce (MOFCOM) spokesperson He Yongqian denounced the measures as unjustified and harmful to global trade.
The National Foreign Trade Council (NFTC) submitted comments Friday to the Department of Commerce for the Section 232 National Security Investigation of Imports of Processed Critical Minerals and Derivative Product, stating "we once again reiterate our support for the Administration’s objective to bolster national security by increasing domestic manufacturing of certain products and inputs, but believe that tariffs are not the best option."
Treasury’s Office of Foreign Assets Control (OFAC) and the Swiss State Secretariat for Economic Affairs (SECO) have signed a Memorandum of Understanding (MOU) to deepen cooperation on economic sanctions enforcement through enhanced information sharing.
In a May 15, 2025 update, U.S. Customs and Border Protection (CBP) clarified that U.S.-bound goods transferred to a different vessel at a foreign port after the applicable cutoff dates are not eligible for the “in-transit” exception to reciprocal tariffs imposed under Executive Order 14257.
The Stockholm International Peace Research Institute (SIPRI) has published a new analysis highlighting the proliferation risks associated with emerging actors in the biotechnology sector, …
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