Search Results for keywords:"China trade relations"

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Search Results: keywords:"China trade relations"

  • Type:Presidential Document
    Citation:90 FR 13829
    Reading Time:about 6 minutes

    In this executive order, the President of the United States announces new tariffs on nations that import oil from Venezuela, starting April 2, 2025. The decision aims to address the national emergency concerning Venezuela, which poses a threat to U.S. security and foreign policy, partly due to the actions of the Venezuelan government and the involvement of the Tren de Aragua gang. The order allows a 25% tariff on imports from countries receiving Venezuelan oil, directly or indirectly, to be implemented or lifted based on specific criteria and consultations between various U.S. governmental departments. These measures are an effort to mitigate the impact of Venezuela's destabilizing activities on the United States and its interests.

    Simple Explanation

    The President decided to add extra charges, called tariffs, on things bought from countries that get oil from Venezuela because some actions in Venezuela are causing trouble for the U.S. This is like putting a price tag on things from those countries to try and keep everything fair and safe.

  • Type:Presidential Document
    Citation:90 FR 8471
    Reading Time:about 12 minutes

    The America First Trade Policy memorandum outlines a plan by the President to prioritize American economic and national security interests in trade policy. It directs various government officials to investigate and address issues like unfair trade practices, large trade deficits, and currency manipulation. The memo also emphasizes reviewing trade relations with China, exploring tariff adjustments, and examining the effectiveness of existing U.S. export controls. The goal is to enhance the United States' industrial and technological strengths, protect workers, and ensure fair trade practices with global partners.

    Simple Explanation

    The President wants to make trade fairer for America by checking if other countries are playing by the rules when buying and selling things. This plan, called the America First Trade Policy, also looks at how the U.S. can be stronger and smarter with its technology and factories.