Treasury Official Says Diplomacy Mitigated China Reaction to Tariffs

Under Secretary Shambaugh says talks offered “nuanced understanding” of select tariff increases. Treasury Undersecretary Jay Shambaugh said that China has not reacted negatively to new U.S. tariffs on…

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Marisa Lago, Under Secretary of Commerce for International Trade

Marisa Lago, Under Secretary of Commerce for International Trade

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Secretary Yellen To Meet with Chinese Counterpart

The financial leader seeks increased communication between the U.S. and China. Secretary of the Treasury Janet Yellen will meet with her Chinese counterpart, He Lifeng, at the World…

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Secretary Vilsack Responds to 2024 Farm Income Forecast

Decreasing global demand makes domestic support more crucial. Secretary of Agriculture Tom Vilsack responded to the 2024 Farm Sector Income Forecast, a predictive dataset aggregated by the U.S.…

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Treasury Sanctions Four Houthi Officials for Red Sea Attacks

Part of the U.S. response to the Yemen-based rebel group targeting commercial vessels. The Department of the Treasury sanctioned four key officials of the Houthi group based in…

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Fifth Fleet Commander Says Iran Involved in Ship Attacks 

He stated Houthi attacks on international shipping “clearly funded and supplied” by Iran.  Vice Admiral Brad Cooper, Commander of the U.S. Navy’s Fifth Fleet, said Iran is “very directly…

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U.S. and UK Navies Shoot Down Houthi Missile Barrage 

It was the largest attack yet in the Red Sea, but no injuries or damages were reported. Houthi rebels in Yemen launched one of the largest drone and…

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President Addresses APEC Summit in San Francisco

He says the vision is to “harness the dynamism of our economies and tap the entrepreneurial spirit.“ President Joe Biden spoke before the Asia Pacific Economic Cooperation (APEC)…

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Transportation Secretary Visits Ukraine

Seeks to hasten “economic self-sufficiency.” The Department of Transportation announced Secretary Buttigieg’s surprise visit to Ukraine last week, saying that he met with leaders there to help “return…

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U.S. Delegation to Attend 5th IPEF Negotiations in Bangkok

Fourteen high-export countries pursue progress on trade and economic goals. The Department of Commerce announced the individuals chosen to represent America at the fifth negotiating round of the…

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