Exports
China has banned select critical minerals exports to the US as a retaliatory measure against the US’ new microchip export restrictions. Critical minerals are used to produce myriad technological devices in sectors like energy, defense, digital technology, and healthcare. Critical minerals are extracted throughout the world but must be processed in specific facilities in order […]
China is supposedly studying Russia's ability to dodge Western sanctions ahead of a theoretical invasion of Taiwan. However, Representative Cory Mills (R-FL) suggested in a recent appearance on Fox Business's Big Money Show that it was nothing more than "saber-rattling," both because of differing economic circumstances between China and Russia and because President-elect Donald Trump […]
Mexican and Canadian officials are reacting to President-elect Donald Trump’s announcement he will be imposing 25% tariffs on all Canadian and Mexican goods until the flow of illegal immigrants and fentanyl ceases. President-elect Trump promised he would “sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the […]
Venezuelan Dictator Nicolas Maduro’s government has been accused by the UN’s Independent International Fact-Finding Mission on Venezuelan Human Rights violations of committing crimes against humanity. Following Dictator Maduro’s defeat in July’s presidential elections, Maduro has directed his government to persecute political opponents employing a series of criminal and violent tactics. According to the UN’s report, […]
US Representative Shelia Cheriflus McCormick (D-FL) has filed a bill to fortify the African Continental Free Trade Area (AfCTA) created in 2018 by the African Union. The AfCTA agreement was signed by nearly all African countries and aims to remove trade barriers between African states. Together, the signatories’ economies amount to US $3.4 trillion in […]
Senators Rick Scott (R-Fl) and Mike Lee (R-UT) have filed the Protect American Gun Exporter Act to nullify President Joe Biden’s recent ban on gun exports. Last October 27, 2023, the Bureau of Industry and Security (BIS) announced a 90-day ban on the export of firearms, ammunition, and component parts. The BIS explained it would […]
Washington, D.C.- Representative Maria Salazar (R-Fl) has filed legislation that would establish a free trade agreement with Ecuador. Representative Salazar’s initiative would bring Ecuador into the fold of countries within the Caribbean Basin Initiative (CBI). The CBI was created by the Caribbean Basin Economic Recovery Act (CBERA) and grants states in the Caribbean region duty-free […]