Congressional Republicans have agreed to remove the so-called “revenge tax” from President Trump’s signature economic package following a request from Treasury Secretary Scott Bessent, who cited a recent international tax agreement that exempts U.S. companies from a key provision of the global minimum tax.
The United States and China have confirmed a limited trade framework aimed at de-escalating tensions and resuming the flow of critical rare-earth minerals to U.S. industries. Chinese officials described the understanding as a procedural arrangement rather than a comprehensive agreement, while U.S. leaders framed it as a step toward broader economic normalization.
A Kyrgyz national and international arms dealer pleaded guilty June 25 in a Brooklyn Federal Court to conspiracy to commit export violations related to the illegal smuggling of firearms from the United States to Russia. Sergei Zharnovnikov was arrested on January 24 in Las Vegas, while attending the Shooting, Hunting, and Outdoor Trade (SHOT) Show.
Auxin Solar pressed a U.S. Court of International Trade judge to impose duties topping 250% on products that entered the U.S. during a Biden-era tariff reprieve, telling the court during oral arguments Thursday that more than a year later the threat posed by the imports remained “existential.”
The National Foreign Trade Council (NFTC), joined by 29 major U.S. industry associations, has submitted a formal letter to Commerce Secretary Howard Lutnick calling for key reforms to the Department of Commerce’s interim final rule on the Section 232 steel and aluminum tariff inclusions process.
The U.S. and United Kingdom reaffirmed their commitment to regulatory alignment and financial stability at the 11th official meeting of the U.S.-UK Financial Regulatory Working Group, held in London on June 3, 2025.
President Trump and Secretary of Homeland Security Kristi Noem announced the reconstitution of the Homeland Security Advisory Council (HSAC), appointing a new slate of members aligned with the administration’s “America First” homeland security priorities.
The United States has submitted an offer to host the World Radiocommunication Conference, in a move to thwart China’s bid to host the UN International Telecommunication Union’s (ITU) high-level meeting in 2027.
US Federal Maritime Commission (FMC) Chairman Louis Sola is leaving the role less than six months after he was named to the post by President Trump.
On June 20, 2025, U.S. Customs and Border Protection (CBP) will deploy the Forced Labor Allegation Portal, allowing trade users to submit forced labor allegations
The leaders of the G7 have signed off on a strategy to safeguard supply chains for critical minerals, saying access is being threatened by “non-market policies and practices” – a dig at China.
The Export-Import Bank of the United States (EXIM) Board of Directors has approved a $16 million direct loan to Empire State Mines in Gouverneur, New York, marking the eighth transaction under its Make More in America initiative. The loan will finance the purchase of zinc mining equipment and infrastructure upgrades.
Acting Chief Banking Officer Bryce McFerran of the Export Import Bank of the United States (EXIM) outlined the agency’s renewed role in promoting the American energy sector during a speech at the Global Energy Forum dinner on June 17, 2025 .
President Trump is once again kicking the can down the road when it comes to a law requiring the popular social media app TikTok to divest itself from Chinese parent company ByteDance. For the third time, Mr. Trump is giving TikTok another 90 days to come up a plan to split its US business off from its Chinese parent.
Several World Trade Organization members are raising questions about US financial assistance to farmers and whether Washington intends to comply with WTO rules by notifying the programs as domestic support.
Two small companies selling educational toys took their complaints against President Trump’s tariffs to the US Supreme Court this week, calling on the court to rule on whether Mr. Trump has the authority to impose the tariffs. Friday the Court denied the motion to expedite judgement.
President Trump headed to the G7 leaders summit in Canada with expectations he would wrap up some trade deals, but left abruptly feeling less optimistic about reaching agreements with key partners like the European Union and Japan.
The Chair of the WTO’s Council for Trade in Services – Special Session has outlined a potential path to restart long-stalled Doha services negotiations, according to sources familiar with the matter.
Treasury Secretary Scott Bessent Friday announced leadership appointments within the Department, giving political appointees perches as they await Senate confirmation, putting a steady hand at the legal helm of the IRS, and placing a pair of nonconventional appointments in key operational positions.
The U.S. Treasury Department is urging the D.C. Circuit Court of Appeals to dismiss Rheingold Edelmetall AG’s challenge to its designation on the Specially Designated Nationals (SDN) list. In …
