Trump Signs Executive Order To Reform Foreign Corrupt Practices Act, Calls It 'Hurting our Business'
Video Credit: Oneindia - Duration: 03:12s - Published
Trump Signs Executive Order To Reform Foreign Corrupt Practices Act, Calls It 'Hurting our Business'
President Trump signs an executive order addressing the Foreign Corrupt Practices Act, aimed at reducing its negative impact on American businesses abroad.
The order instructs the Department of Justice to use prosecutorial discretion to minimize unintended consequences that hinder American competitiveness.
Trump critiques the lawās original enforcement, emphasizing its practical harm to business dealings, and vows to create more opportunities for U.S. businesses globally.
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President Trump signed an executive order on February 10, 2025, imposing a 25% tariff on all steel and aluminum imports to the U.S., effective March 12. This bold move is part of his administration's effort to strengthen American industries and counter unfair trade practices. Additional tariffs on pharmaceuticals, computer chips, and cars are also being considered. The decision has sparked immediate backlash from the EU, Canada, and other trading partners, with threats of retaliatory measures.
#Trump #SteelTariffs #AluminumTariffs #USTradePolicy #ExecutiveOrders #GlobalTrade #EconomicPolicy #TradeWars #AmericaFirst #USSteelIndustry #USImports #Tariffs #ForeignTrade #EUReaction #USCanadaTrade #PharmaceuticalTariffs #GlobalEconomy #USPolitics #TariffDebate #TradeDisputes #USManufacturing
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