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TERM 1
May 19, 2019 · 2,611 days ago
💰 Economy
On May 19, 2019, President Trump signed Proclamation 9899, imposing a 10 percent tariff on aluminum imports. The proclamation applied to most countries except Canada and Mexico, citing national security concerns under Section 232 of the Trade Expansion Act of 1962. The tariff increased costs for manufacturers using imported aluminum and affected consumer prices for aluminum-containing products including beverages, automobiles, and construction materials.
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TERM 1
May 17, 2019 · 2,613 days ago
💰 Economy
On May 17, 2019, President Trump signed Proclamation 2019-10774 imposing tariffs on imported automobiles and automobile parts under Section 232 of the Trade Expansion Act of 1962. The proclamation authorized the President to adjust imports of these products, implementing tariff increases on foreign-manufactured vehicles and components. The action increased costs for American consumers purchasing vehicles and raised prices on auto parts, while affecting U.S. manufacturers reliant on imported components.
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TERM 1
May 16, 2019 · 2,614 days ago
💰 Economy
On May 16, 2019, President Trump signed Proclamation 9759 adjusting imports of steel into the United States. The proclamation imposed a 25% tariff on steel imports from most countries, with some country-specific exemptions and quota arrangements. American manufacturers, construction companies, and consumers of steel products faced increased material costs, which were passed through supply chains affecting vehicle prices, appliance costs, and construction expenses.
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TERM 1
May 16, 2019 · 2,614 days ago
💰 Economy
On May 16, 2019, President Trump signed Proclamation 9761 removing India from the list of beneficiary developing countries under the Generalized System of Preferences (GSP) program established by the Trade Act of 1974. The proclamation eliminated India's duty-free access to U.S. markets for approximately 2,000 product categories, effective June 5, 2019. Indian exporters faced tariffs on products previously entering the U.S. duty-free, affecting American importers and consumers of goods including pharmaceuticals, chemicals, and textiles.
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TERM 1
May 13, 2019 · 2,617 days ago
💰 Economy
President Trump signed Executive Order 13872 on May 13, 2019, establishing a White House Initiative on Asian Americans and Pacific Islanders. The order created a coordinating council across federal agencies to develop policies and programs addressing economic opportunities, workforce development, and community needs for Asian Americans and Pacific Islanders. The confirmed direct impact includes the establishment of an interagency task force and the requirement for federal agencies to report on initiatives related to this population.
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TERM 1
May 2, 2019 · 2,628 days ago
💰 Economy
President Trump signed Executive Order 13870 on May 2, 2019, directing federal agencies to develop a strategy for recruiting, training, and retaining cybersecurity personnel in the federal workforce. The order established requirements for agencies to assess cybersecurity workforce needs, create recruitment and retention plans, and report progress to the White House. The confirmed effect was that federal agencies were required to submit workforce assessments and implementation plans for cybersecurity hiring and training programs.
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TERM 1
April 10, 2019 · 2,650 days ago
💰 Economy
On April 10, 2019, President Trump signed Executive Order 13868 titled 'Promoting Energy Infrastructure and Economic Growth.' The order directed federal agencies to expedite permitting timelines for energy infrastructure projects, including pipelines, electrical transmission lines, and related facilities, by reducing review periods and coordinating agency actions. The confirmed effect was acceleration of federal approval processes for energy projects, reducing the time required for environmental reviews and agency sign-offs on designated energy infrastructure.
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TERM 1
March 28, 2019 · 2,663 days ago
💰 Economy
Executive Order 13866 was signed on March 28, 2019, adjusting pay rates for certain federal employees and senior executive service positions. The order modified compensation schedules for federal workers in specific pay grades and executive classifications. The direct impact was changes to base salary and locality pay for affected federal employees beginning in the specified pay period following the order.
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TERM 1
March 18, 2019 · 2,673 days ago
💰 Economy
On March 18, 2019, the Trump administration issued a sequestration order pursuant to Section 251A of the Balanced Budget and Emergency Deficit Control Act, triggering automatic spending cuts across federal agencies. The order required reduction of discretionary spending in fiscal year 2020 to meet deficit reduction targets mandated by the law. The sequestration resulted in across-the-board cuts to federal programs including defense, Medicare, and other discretionary spending categories.
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TERM 1
March 12, 2019 · 2,679 days ago
💰 Economy
On March 12, 2019, President Trump signed Presidential Determination 2019-05100 pursuant to Section 303 of the Defense Production Act of 1950, invoking authority to prioritize contracts and allocate materials deemed necessary for national defense. The determination authorized the federal government to require domestic production of or procurement of specified materials and goods. The direct impact on Americans included potential prioritization of federal contracts for designated materials and possible effects on civilian availability of those materials depending on which specific items were covered under the determination.