Economy Directives
Providing for the Revocation of Syria Sanctions
President Trump issued an executive order revoking previously imposed sanctions on Syria, citing a fundamental shift in the government's policies and actions following the transition to President Ahmed al-Sharaa.
The order terminates several previous executive orders related to Syria sanctions, while simultaneously expanding the scope of others to address the ongoing need for accountability regarding war crimes and human rights abuses committed under previous leadership.
The order directs the Secretaries of State, Treasury, and Commerce, among others, to implement the changes, including examining the criteria of the Caesar Act to potentially further sanction suspensions.
Simplifying the Funding of Energy Infrastructure and Critical Mineral and Material Projects
President Trump issued a memorandum to streamline federal funding for energy infrastructure and critical mineral projects.
The memorandum mandates that agencies share information regarding funding applications and commitments with the National Energy Dominance Council (NEDC).
The action also requires the Office of Management and Budget (OMB) and the NEDC to develop a common application for accessing these funding opportunities, enabling applicants to apply to multiple programs simultaneously.
Implementing the General Terms of The United States of America-United Kingdom Economic Prosperity Deal
President Donald J. Trump issued an executive order implementing the US-UK Economic Prosperity Deal.
The order establishes a 10% tariff-rate quota for 100,000 UK-made automobiles, eliminates tariffs on certain UK aerospace products under the WTO agreement and outlines plans for future tariff-rate quotas for UK aluminum and steel.
These actions are justified as necessary to address national security concerns and the national emergency declared in Executive Order 14257, and to deal with threats noted in Proclamations 9704, 9705, and 9888.
Regarding the Proposed Acquisition of the United States Steel Corporation by Nippon Steel Corporation
This Presidential order addresses the proposed acquisition of United States Steel Corporation by Nippon Steel Corporation.
Initially prohibiting the transaction due to national security concerns, the President revised the order based on a subsequent CFIUS review.
The revised order allows the acquisition only if the involved parties enter into, and maintain compliance with, a national security agreement (NSA) that adequately mitigates the identified risks.
The order also maintains the President's ability to take further action as necessary.
Stopping Radical Environmentalism to Generate Power for the Columbia River Basin
President Trump issued a memorandum to prevent the breaching of four dams on the Lower Snake River to maintain hydroelectric power generation.
The action revokes a previous memorandum prioritizing fish populations and climate change concerns, citing the potential loss of 3,000 megawatts of energy and negative consequences for the region.
The President directs relevant agencies to withdraw from related agreements and initiate an updated environmental review process.
Presidential Permit Authorizing Green Corridors, LLC, to Construct, Maintain, and Operate a Commercial Elevated Guideway Border Crossing Near Laredo, Texas, at the International Boundary Between the United States and Mexico
President Donald J. Trump issued a Presidential Permit authorizing Green Corridors, LLC to construct, maintain, and operate a commercial elevated guideway border crossing near Laredo, Texas.
The permit is contingent upon Green Corridors, LLC meeting several conditions, including fulfilling funding and operational requirements, complying with environmental regulations, and obtaining necessary permits from various federal, state, and local agencies.
The project is subject to various oversight mechanisms, including regular inspections and reporting requirements; the permit is also subject to revocation or amendment at the President's discretion.
The permit clearly defines the responsibilities of Green Corridors and the respective agencies to ensure a successful and compliant project while also establishing a 5-year deadline to commence construction.
Leading The World in Supersonic Flight
President Trump issued an executive order to reignite US leadership in supersonic flight.
The order directs the Federal Aviation Administration (FAA) to reform outdated regulations prohibiting overland supersonic flight.
It also mandates the Office of Science and Technology Policy (OSTP) to coordinate research and development efforts and the Department of Transportation to foster international cooperation.
The aim is to create a regulatory and technological framework that promotes the development and use of commercially viable and safe supersonic aircraft.
Unleashing American Drone Dominance
This executive order prioritizes the advancement of the US drone industry.
It mandates actions to accelerate the safe integration of drones into national airspace, bolster domestic manufacturing and export, and establish a pilot program for electric vertical takeoff and landing (eVTOL) aircraft.
The order also focuses on strengthening national security by prioritizing American-made drones for defense purposes and streamlining their procurement and training.