Foreign countries' retaliatory tariffs against the Trump administration’s new global tariffs could cut U.S. exports of goods covered by the World Trade Organization’s Information Technology Agreement by at least $56 billion a year, the Information Technology and Innovation Foundation said April 23.
The State Department has approved a possible $46 million military sale to Ireland, the Defense Security Cooperation Agency said April 23. The sale includes “FGM-148 Javelin Missiles and Lightweight Command Launch Units and related elements of logistics and program support,” and the principal contractor will be the Javelin Joint Venture between Lockheed Martin and RTX Corp.
President Donald Trump criticized business officials who have said his tariffs actions are damaging, bragged about countries and executives asking for breaks, and made a list of non-tariff cheating he wants countries to end, all on social media over the weekend.
A purported draft executive order to reorganize the State Department that served as the basis for a New York Times article is a "fake document,” an agency spokesperson said in an email April 21.
The State Department has approved a possible $825 million military sale to Morocco, the Defense Security Cooperation Agency said April 15. The sale includes “FIM-92K Stinger Block I missiles and related equipment,” and the principal contractors will be RTX Corp. and Lockheed Martin.
The State Department this week approved a possible $180 million military sale to Israel, the Defense Security Cooperation Agency said. The sale includes "Eitan Powerpack Engines and related equipment," and the principal contractor will be Rolls-Royce Solutions America.
CHANDLER, Ariz. -- The National Customs Brokers & Forwarders Association of America could help organize a class-action lawsuit against ocean carriers if enough of its members and other non-vessel operating common carriers (NVOCC) say they're unfairly being refused service contracts, industry officials said at the NCBFAA’s annual meeting.
The State Department approved a possible $1.04 billion military sale to Australia, the Defense Security Cooperation Agency said this week. The sale includes "AIM-120C and AIM-120D Advanced Medium Range Air-to-Air Missiles" and related equipment. The principal contractor will be RTX Corp.
Federal Maritime Commission Chairman Louis Sola this week applauded the Panama Maritime Authority for recently removing from its registry more than 100 vessels sanctioned by the U.S. and other governments, saying the move is helping to pressure Iran and other nations operating so-called shadow fleets. He also said the FMC may investigate other registries that haven’t removed those ships.
The State Department approved three possible military sales to Ecuador, the Philippines and Kuwait, the Defense Security Cooperation Agency said last week.