Rocky Mountain Voice

Tag: global trade

Trump Warns Iran As US Escorts Ships Through The Strait of Hormuz
Fox News, Approved, National

Trump Warns Iran As US Escorts Ships Through The Strait of Hormuz

By Morgan Phillips | Fox News The operation involves guided-missile destroyers, more than 100 aircraft and roughly 15,000 service members. The U.S. operation to reopen the Strait of Hormuz is unfolding under fire, with American forces intercepting Iranian missiles and drones and destroying attack boats targeting commercial shipping as they begin moving vessels through one of the world’s most critical waterways. U.S. Central Command (CENTCOM) said two U.S.-flagged merchant vessels have successfully transited the strait under the effort, dubbed "Project Freedom," even as Iranian officials rejected the claim as "baseless" and warned that any foreign military presence would be attacked. President Donald Trump warned that any Iranian strike on U.S. vessel...
U.S. Blockade Could Break Iran If Washington Holds The Line
The Federalist, Approved, Commentary, National

U.S. Blockade Could Break Iran If Washington Holds The Line

By Helen Raleigh | Commentary, The Federalist The U.S. naval blockade of the Strait of Hormuz is a significant escalation that carries considerable risks and rewards. This week, the United States imposed a naval blockade on Iranian ports in the Strait of Hormuz. The action marks a significant escalation following the collapse of peace negotiations between the U.S. and Iran. While the move carries considerable risks, it also offers substantial potential rewards. The Strait of Hormuz, with Iran controlling its northern shore, has long been one of the world’s most critical energy arteries. Before the war, roughly 20 percent of global seaborne oil trade and significant volumes of liquefied natural gas (LNG) passed through its narrow waters. Sin...
Trump lands ‘biggest of all’ trade deal with EU as bloc pledges $600B investment and $750B in U.S. energy
Daily Wire, Approved, National

Trump lands ‘biggest of all’ trade deal with EU as bloc pledges $600B investment and $750B in U.S. energy

By Daniel Chaitin | Daily Wire Agreement was struck ahead of the August 1 deadline. President Donald Trump announced on Sunday the “biggest” trade deal of them all with the European Union (EU). Sitting with European Commission President Ursula von der Leyen in Turnberry, Scotland, Trump read off a piece of paper the various major takeaways from their agreement. As part of the deal, per Trump’s description, the EU will purchase $750 billion worth of energy from the United States, agree to invest $600 billion more than the bloc is already investing, open up its countries up to trade with America, and buy a “vast amount” of military equipment. Trump also noted the tariffs for automobiles and other EU imports will be a “straight across” rate of 15%. However, he said th...
Hurd, Bacon, Gottheimer, Meeks introduce bill to restore Congress’ constitutional role in trade
Approved, National, The Fence Post

Hurd, Bacon, Gottheimer, Meeks introduce bill to restore Congress’ constitutional role in trade

By The Fence Post Rep. Jeff Hurd, R-Colo., along with Reps. Don Bacon, R-Neb., Josh Gottheimer, D-N.J., and Gregory Meeks, D-N.Y., introduced bipartisan legislation to return Congress’ constitutionally authorized role in setting and approving U.S. trade policy. H.R.2665, The Trade Review Act of 2025, requires that unilateral tariffs proposed by the executive branch receive congressional authority. This legislation is the companion bill to Sens. Chuck Grassley, R-Iowa, and Maria Cantwell’s, D-Wash., legislation, The Trade Review Act of 2025, which mirrors Grassley’s 2019 Section 232 tariff reform efforts as Senate Finance Committee Chairman during the first Trump administration. “As a constitutional conservative, I am proud to co-lead the Trade Review Act of 2025, re...
Trump’s Treasury secretary shuts down any tariff concerns, praises ‘frictionless global trade’
Approved, Fox Business, National

Trump’s Treasury secretary shuts down any tariff concerns, praises ‘frictionless global trade’

By Kristen Altus  | Fox Business Less than one day after President Donald Trump signed off on a reciprocal tariff plan, the administration’s Treasury secretary shut down any economic concerns around the state of global trade. "President Trump is serious about negotiating this. And look, I don't understand why there's any pushback on this, that if they want to bring all these barriers down, then we will have more frictionless global trade," Scott Bessent said Friday in an exclusive interview on "Mornings with Maria." "As we've learned with President Trump, you should take him at his word. This is not theater," he continued. "The April 1 deadline is for a study that the Commerce Department is doing on global tariffs that apply to U.S. products country by country." READ THE F...

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