Economy Directives

Regulatory Relief for Certain Stationary Sources to Promote American Iron Ore Processing Security

President Trump issued a proclamation granting a two-year exemption from the Taconite Rule for specific iron ore processing facilities.

The exemption, based on national security and economic considerations, cites the unavailability of necessary technology for prompt compliance with the rule and concerns over the impact on domestic steel production, critical infrastructure, and supply chain resilience.

The proclamation identifies specific facilities from United States Steel Corporation and Cleveland-Cliffs Inc. as beneficiaries of the delay, extending compliance deadlines by two years.

Extending the Modification of the Reciprocal Tariff Rates

Published: Mon 7th Jul 25

President Trump issued an order extending the temporary suspension of additional tariffs on goods from various foreign trading partners until August 1, 2025.

This action modifies the Harmonized Tariff Schedule of the United States (HTSUS), building upon prior executive orders aimed at rectifying trade imbalances and improving alignment with US economic and national security interests.

The extension is based on ongoing discussions with trading partners and recommendations from senior officials.

The order excludes the People's Republic of China, for which a separate tariff suspension remains in place.

Ensuring Accountability and Prioritizing Public Safety in Federal Hiring

President Trump issued a memorandum establishing a policy to govern the hiring of Federal civilian employees within the Executive Branch until October 15, 2025.

The policy generally prohibits filling vacant positions or creating new ones unless otherwise specified in the memorandum or required by law.

Exceptions are made for positions related to immigration enforcement, national security, and public safety, as well as for Presidential appointments and Senate confirmations.

The policy aims to ensure accountability, prioritize public safety, and aligns with the Merit Hiring Plan under Executive Order 14170.

Contracting to circumvent this policy is prohibited.

Ending Market Distorting Subsidies for Unreliable, Foreign‑Controlled Energy Sources

This presidential order aims to eliminate government subsidies for wind and solar energy, arguing that they are expensive, unreliable, and create dependence on foreign supply chains.

The order directs the Departments of the Treasury and Interior to take swift action to end these subsidies, implement stricter regulations, and conduct reviews of existing policies.

Reports on these actions are required within 45 days of the order's issuance.

Establishing the President’s Make America Beautiful Again Commission

This executive order establishes the President's Make America Beautiful Again Commission to address the significant deferred maintenance and access issues impacting America's national parks and public lands.

The commission will advise the President on responsible conservation strategies, promoting economic growth alongside environmental stewardship.

The order directs federal land management agencies to prioritize responsible resource management, expand public access for recreation, and cut bureaucratic delays.

Making America Beautiful Again by Improving Our National Parks

President Trump issued an order to improve US National Parks.

The order increases entrance fees for foreign tourists to fund infrastructure improvements and enhance visitor experiences while also aiming to improve affordability for US residents.

The order also revokes a previous memorandum on diversity and inclusion in national parks and directs several government agencies to implement the changes.

Presidential Permit: Authorizing Junction Pipeline Company, LLC to Construct, Connect, Operate, and Maintain Pipeline Facilities at Toole County, Montana, at the International Boundary Between the United States and Canada

President Donald J. Trump issued a presidential permit to Junction Pipeline Company, LLC, allowing the construction, operation, and maintenance of pipeline facilities at the US-Canada border in Toole County, Montana.

The permit authorizes the import of crude oil and various petroleum products from Canada.

However, the permit is explicitly subject to numerous conditions, including adherence to all applicable federal, state, and local laws and regulations, regular inspections by relevant agencies, and removal of the facilities upon permit termination.

The permit also reserves the right of the US government to take possession of the facilities for national security reasons, and emphasizes that it does not create any legally enforceable rights against the US government.

National Security Presidential Memorandum/NSPM-5

President Trump's memorandum reissues and amends National Security Presidential Memorandum 5, revising US policy towards Cuba.

The policy prioritizes advancing human rights, strengthening the economic embargo, and channeling aid directly to the Cuban people rather than the government.

Specific actions outlined include adjustments to financial transaction regulations, stricter enforcement of travel restrictions, and increased support for internet access and independent media in Cuba.

The memorandum also emphasizes promoting democracy and the rule of law while opposing international efforts to lift the embargo until a transition government is established.