Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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The United States and Japan have been close economic partners, though they do not have a comprehensive bilateral free trade agreement (FTA). Since 2020, the countries have entered into limited bilateral trade deals, covering market access, digital trade, and critical minerals. Following the imposition of U.S. tariffs…
The International Emergency Economic Powers Act (IEEPA) provides the President broad authority to regulate a variety of economic transactions following a declaration of national emergency. IEEPA, like the Trading with the Enemy Act (TWEA) from which it branched, sits at the center of the modern U.S. sanctions regime.…
On February 1, 2025, President Donald J. Trump issued Executive Order 14193, stating that “the failure of Canada to do more” to address illicit fentanyl and other drug trafficking “constitutes an unusual and extraordinary threat” to U.S. national security and foreign policy. The executive order declared a national eme…
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