President Trump Threatens Tariffs on Venezuelan Oil Purchases

He faults Venezuela for sending criminals and gang members to the U.S. President Donald Trump threatened to impose 25 percent tariffs on any country that purchases oil from…

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U.S. and Canada to Discuss USMCA and Deescalate Tariffs

The commerce secretary had expressed optimism that an agreement would be made. Commerce Secretary Howard Lutnick announced that Canada and the U.S. will be discussing the trade relationship…

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President Trump Considers Sanctions Against Russia

He seeks to facilitate peace negotiations ahead of discussions with Ukraine this week. President Donald Trump stated that he is “strongly considering” sanctions and tariffs against Russia to…

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Honda Plans Production Move From Mexico to Indiana to Avoid Tariffs

President Trump’s 25 percent tariffs on goods from Mexico and Canada increase interest in U.S. production. Honda is exploring moving manufacturing of the next generation Civic to Indiana…

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President Trump Delays Mexico and Canada Tariffs for One Month Under USMCA

Other reciprocal tariffs will still take effect on April 2. President Donald Trump announced that tariffs will be paused on everything that is included in the United States,…

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Taiwan Semiconductor to Invest $100 Billion in AZ Manufacturing

President Trump makes a joint announcement with the company. President Donald Trump joined Taiwan Semiconductor Manufacturing Company in announcing a $100 billion investment in the company’s Arizona-based microchip…

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Commerce Secretary Says Tariffs Part of “Drug War,” Not “Trade War”

He says U.S. will reexamine tariffs if flow of fentanyl reduced by April 2. Commerce Secretary Howard Lutnick described President Donald Trump’s tariffs against Mexico and Canada on…

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Commerce Department to Investigate Copper Tariffs

President Trump seeks to increase domestic production. President Donald Trump has directed the Commerce Department to investigate the U.S. copper industry to determine whether tariffs could support an…

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U.S. Treasury Secretary Meets with Australian Treasurer and Ambassador in D.C.

U.S. tariffs primary topic during the first meeting of fiscal leaders. U.S. Treasury Secretary Scott Bessent welcomed Australian Treasurer Jim Chalmers to Washington D.C. for a week of…

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Canada and Mexico Increase Border Security Ahead of Tariff Negotiations

President Trump states that the tariffs are “on schedule.” Canada and Mexico have increased their border monitoring operations ahead of tariff negotiations with U.S. officials later this week.…

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