Agricultural officials seek to increase food trade between countries. U.S. Department of Agriculture (USDA) Deputy Secretary Xochitl Torres Small will be leading America’s first-ever agribusiness trade mission to…
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Pentagon Deploys Marines to the Middle East
Marine Expeditionary Unit being sent to deter Iran’s interference with shipping. U.S. Defense Secretary Lloyd Austin ordered the 26th Marine Expeditionary Unit deployed to the Middle East to…
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Secretary Yellen Meets With Vietnamese Prime Minister
She discussed trade, security initiatives, and clean energy transition. U.S. Treasury Secretary Janet Yellen visited Hanoi, Vietnam, this week. She met with Vietnamese Prime Minister Pham Minh Chinh…
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Russia Refuses to Extend Ukraine Grain Export Deal
The Black Sea Grain Initiative allowed more than 32 million tons of grain and other food to be exported from Ukraine. Russia has announced its withdrawal from the…
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Senate Finance Committee Chair Calls for Chip Use Investigation
Russians using U.S.-made chips in facial recognition technology. Chair of the Senate Finance Committee, Senator Ron Wyden of Oregon, called for President Biden’s administration to look into reports…
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West Coast Ports Temporarily Shut Down During Labor Negotiations
Expired contract leads to labor interruptions in Los Angeles and Long Beach. The Pacific Maritime Association (PMA), a representative for West Coast port workers, announced last week that…
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Treasury Sanctions Russian Metals and Mining
Similar regulations are imposed by other G7 members. The Department of the Treasury announced a new determination last week that sanctions and blocks the import of Russian metals…
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6 Chinese Entities Blacklisted Over Balloon
Commerce Department will no longer allow them to receive exports from the United States The Department of Commerce added five Chinese companies and one Chinese research institute to…
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U.S. Trade Deficit at Record High
Commerce Department reports that imports are up, and exports down. Data recently released by the Commerce Department showed that the American trade deficit rose 12.2 percent in 2022,…
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House Bill Bans Strategic Petroleum Sales to China
Energy Department lacks funds to replenish reserves. The House of Representatives passed a bill that bans releases of oil from the U.S. Strategic Petroleum Reserve from being sold…
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