By Idrees Ali SEOUL, June 2 (Reuters) – The Pentagon has told the White House that the U.S. military will not be politicized, a U.S. official said on Sunday, in response to a controversy after officials directed the United States Navy to keep the USS John S. McCain out of sight during a recent...
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Trump’s Mexican Tariffs Could Hit U.S. Refiners Hard
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Trump Says He Was Unaware of Effort to Move USS John McCain ‘Out of Sight’
WASHINGTON, May 29 (Reuters) – U.S. President Donald Trump said on Wednesday he was unaware of any effort to move the USS John S. McCain that was stationed near the site of his recent speech in Japan. A U.S. official, speaking on condition of anonymity, confirmed to Reuters that an initial request...
U.S.-China Trade Sanctions Will Be Costly But Likely Ineffective: Kemp
By John Kemp LONDON, May 23 (Reuters) – Embargoes are rarely effective in compelling a change in diplomatic behavior because they create substantial incentives to circumvent the blockade by switching trade, building indigenous capacity or changing technology. The United States this month announced...
U.S. Believes Iran Encouraged Tanker Attacks -U.S. Sources
By Mark Hosenball WASHINGTON, May 15 (Reuters) – U.S. officials believe Iran encouraged Houthi militants or Iraq-based Shi’ite militias to carry out Sunday’s attacks on four tankers near the Strait of Hormuz, two U.S. government sources said on Wednesday. The sources, who spoke on condition of...
Opposition from GOP and conservatives imperil Trump’s infrastructure plan
A week after top Democrats and the White House reached a tentative accord to repair the country’s transportation system, the bipartisan gesture seems to be in trouble, putting into question whether promises made by President Trump two years ago on the Ohio River to repair the inland waterways system and other national infrastructure can finally move forward.
The $2 trillion deal reached last Tuesday between the president and House Majority Leader Nancy Pelosi, D-Calif., and Senate Minority...
Trump backs off Jones Act waiver for gas tankers
President Trump’s flirtation with allowing a Jones Act exemption for foreign flag tankers to carry liquefied natural gas between U.S. ports brought Republican senators to the White House, where they said the President changed his mind.
After reports that administration was considering a 10-year waiver of Jones Act requirements to allow those LNG shipments to Puerto Rico and New England, a contingent of Republican lawmaker from the Gulf Coast and Alaska requested an urgent May 1 meeting.
“After...
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To Waive or Not To Waive, that is the Jones Act Question?
By Salvatore R. Mercogliano, Ph.D. – Maritime news hubs and trade associations are abuzz with rumors that the Trump Administration is considering a waiver of the nearly 100-year-old Merchant Marine Act of 1920, commonly referred to as the Jones Act, for the Commonwealth of Puerto Rico. A ten-day...
No More Waivers: U.S. to Tighten Iran Oil Sanctions
By Lesley Wroughton and Humeyra Pamuk WASHINGTON, April 22 (Reuters) – The United States on Monday demanded that buyers of Iranian oil stop purchases by May 1 or face sanctions, a move to choke off Tehran’s oil revenues which sent crude prices to six-month highs on fears of a potential supply...
Italian Tanker Owner ‘Shocked and Concerned’ By U.S. Sanctions Placed Against It
Italy-based tanker company PB Tankers is vowing to fight sanctions placed against it by the U.S. Treasury department over its alleged involvement in the Venezuelan oil sector. PB Tankers S.p.a. was one of four shipping companies named last week by the Department of the Treasury’s Office of Foreign...