Republicans and Democrats alike have criticized the Trump administration’s moves, taken to stabilize oil markets rocked by the war with Iran, warning that it is benefiting two U.S. adversaries.
Category: United States International Relations
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Russian Oil Shipment Puts Focus on Kremlin Spy Outpost in Cuba
The New York Times – Business:Moscow may be challenging President Trump’s effort to choke Cuba’s economy. China also has suspected listening posts on the island.
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Trump Officials Look to More Managed Approach to Trade With China
The New York Times – Business:The administration has begun discussing a new “Board of Trade” with China to try to balance what U.S. officials see as an unequal economic relationship.
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Why Trump’s Strait of Hormuz Problem Is Going Global
The New York Times – Business:President Trump is getting little to no support so far for his call that other countries do their part to try to ease an energy crisis prompted by U.S.-Israeli attacks on Iran.
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U.S. Vows to Block Iran’s Attempt to Shut Down Strait of Hormuz
The New York Times – Business:Defense Secretary Pete Hegseth said that the disruptions in the Strait of Hormuz were “something we are dealing with.” And about 2,500 Marines were headed to the Middle East to bolster the war effort.
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Trump to Target Forced Labor in Global Tariff Scheme
The New York Times – Business:The Trump administration is expected to begin a trade investigation into whether dozens of countries have policies to combat forced labor.
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Trump’s Actions in Iran and Venezuela Show Limits of U.S. Sanctions
The New York Times – Business:America’s vast economic powers are able to wear down an adversary’s economy but are insufficient to topple leaders on their own.