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In a striking move, the United States took yet another step back from Ukraine and its allies by abstaining from a key vote at the International Labour Organization (ILO). This is the second such abstention in Geneva, following a similar move at the World Trade Organization last month. At the UN General Assembly, the US went even further, voting with North Korea and other Russian allies against a western-backed resolution denouncing the invasion and tabling a more conciliatory text, raising concerns that Ukraine may no longer rely on the US as a leading force to plead its cause at multilateral bodies.
The United States has filed a civil forfeiture complaint in the Southern District of Florida against a Dassault Falcon 900 EX aircraft, tail number T7-ESPRT, used by Nicolás Maduro Moros and his regime in violation of U.S. sanctions and export laws. The aircraft was seized last year in the Dominican Republic at the request of the U.S.
Trade policy uncertainty and the prospect of more tariffs could disrupt global goods trade, according to a World Trade Organization report released this week. Global goods trade was steady in the fourth quarter of last year and appear to continue growing in the first months of 2025, but that could be undone by a looming global trade war.
Legislation being championed by a bipartisan group of senators would encourage the Administration to engage in trade negotiations to ensure secure supply chains for medical goods and services.
On the same day that he slapped 25 percent tariffs on all imported steel and aluminum, President Trump made clear he is turning his sights on the European Union as his next target. Mr. Trump told reporters that he is “of course” going to raise tariffs even more on the EU after Brussels announced it is retaliating against the US steel and aluminum tariffs.
Commerce has launched two separate investigations to assess the impact of copper and wood product imports on national security. Initiated under Section 232 of the Trade Expansion Act of 1962, these investigations will evaluate the reliance on foreign supply chains, potential risks to critical industries, and the feasibility of expanding domestic production. The Bureau of Industry and Security is soliciting public comments, with submissions due by April 1, 2025.
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