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President of the United States Donald Trump, speaking at the 73rd session of the UN General Assembly, said that the US would restore the second block of restrictions against Iran on November 5, which would affect the Iranian energy sector and transactions related to hydrocarbon raw materials. The sanctions will also include all transactions involving the Central Bank of Iran. The American president in early May announced his intention to restore unilateral sanctions against Iran, announcing the US withdrawal from the Joint Comprehensive Plan of Action regarding the Iranian nuclear program. In early August, the US restored the first block of restrictive measures against Iran. They concerned the automobile sector of the country, its trade in gold and other metals.
U.S. President Donald Trump’s administration said on Monday that the small business pandemic aid program worth $660 billion was as a “wild success.” The data showed that 51 Million jobs for America’s small businesses ...
On Thursday, President Donald Trump renewed his threat to cut ties with China a day after the U.S. Trade Representative Robert E. Lighthizer told Congress that Trump did not see decoupling the U.S. and Chinese economies as a viable option. “It ...
On Wednesday, the Trump administration said that it would push for a broad reset of “outdated tariff determinations” at the World Trade Organization (WTO) to arrange what it sees as years of unfair treatment of the United States. According ...
On Tuesday, the Trump administration said that it is preparing a nearly $1 trillion infrastructure proposal for transportation plans as part of its push to spur the world’s largest economy back to life. A preliminary version prepared ...
Oil prices rose on Tuesday as traders await major oil producers’ decisions on whether to extend production cuts in an upcoming virtual meeting this week. Brent crude futures gained 0.91%, or 35 cents, at $38.67 per barrel. U.S. West ...
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