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.
Category: United States International Relations
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U.S. Vows to Block Iran’s Attempt to Shut Down Strait of Hormuz
The New York Times – Business: -
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.
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Japan and Germany Say They Will Release Oil
The New York Times – Business:Officials in Tokyo and Berlin said they planned to release oil from their strategic reserves to address disruptions of supplies from the Middle East.
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A Trump-Xi Summit Nears, but China Doesn’t Know What Trump Wants
The New York Times – Business:Trump’s agenda for the high-stakes meeting remains unclear to Beijing, Chinese analysts say, while American executives say they haven’t been invited along.
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Trump Directs Iran War Keeping Markets Top of Mind
The New York Times – Business:President Trump again demonstrated his desire to keep the stock markets aloft when he suggested U.S. attacks on Iran could end soon.
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How Trump and His Advisers Miscalculated Iran’s Response to War
The New York Times – Business:In the lead-up to the U.S.-Israeli attack, President Trump downplayed the risks to the energy markets as a short-term concern that should not overshadow the mission to decapitate the Iranian regime.
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U.S. Reaches Tentative Deal Ending Prosecution of Turkish Bank
The New York Times – Business:Court papers submitted as part of the agreement with Halkbank, which was accused of doing business with Iranian entities, said Turkey’s assistance “was instrumental” in the Israel-Hamas cease-fire.
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The Bank Trump Is Relying On for Rare-Earth Minerals
The New York Times – Business:The Export-Import Bank is providing a $10 billion loan to Project Vault, an initiative to stockpile critical minerals. The project is the administration’s latest effort to reduce reliance on China.
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Airline Stocks Tumble as Iran War Expands Across Middle East
The New York Times – Business:Higher fuel prices and lower demand for international flights are eating into airlines’ profits.