According to a report by The Wall Street Journal on July 22nd, due to the failure of Congress to pass the new fiscal year spending bill, the US federal government will face another partial shutdown starting from July 24th.
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U.S. Defense Secretary Hagel said that the U.S. war against Iran has cost $37.5 billion so far, an increase of nearly $8 billion compared to the previous publicly estimated figure.
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US President Trump announced that starting from August 1st, all imported generic drugs from the US will continue to enjoy a 0% tariff for two years.
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The United States will impose an additional 50% ad valorem tariff on a wide range of Canadian products, including wine, in response to Canada's "discriminatory measures" against American automobiles and auto parts, alcoholic beverages, and dairy products.
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The US Central Command launched a new round of strikes against Iran on Monday (July 20th) at 4 p.m. Eastern Time, aiming to "further weaken Iran's military capabilities to attack merchant ships in the Strait of Hormuz".
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The US Central Command issued a statement saying that the US military launched a new round of air strikes against Iran at 7 p.m. Eastern Time on Sunday .
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The US government has taken action to impose stricter restrictions on the stay periods of foreign students and journalists in the country. This is the latest move by the US to tighten its legal immigration policy.
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Since his second term, Trump's foreign policy has exhibited a distinctly "transactional" character.
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The U.S. military's announcement of a new wave of strikes against Iran marks a formal shift in the U.S.-Iran confrontation over the Strait of Hormuz from "gray zone competition" to high-intensity military conflict.
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On July 14th, US Treasury Secretary Yellen issued a final ultimatum to Congress, warning that the federal government's cash would run out on August 2nd.
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According to a report by The Wall Street Journal on July 22nd, due to the failure of Congress to pass the new fiscal year spending bill, the US federal government will face another partial shutdown starting from July 24th.
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