The State Department last week approved a possible $160 million military sale to Canada, the Defense Security Cooperation Agency said. The sale includes "Joint Light Tactical Vehicles" and related equipment, and the principal contractor will be AM General, LLC.
President Donald Trump said that he is open to the possibility of normalizing trade relations with Russia if his upcoming meeting with Russian President Vladimir Putin goes well.
The State Department this week approved a possible $404 million military sale to Australia, the Defense Security Cooperation Agency said. The sale includes equipment and services to support the maintenance of its MC-55A aircraft fleet. The principal contractor will be L3 Harris.
The State Department recently approved two possible military sales to Ukraine worth more than $200 million combined, the Defense Security Cooperation Agency said.
The State Department recently approved four possible military sales to Ukraine worth more than $650 million combined, the Defense Security Cooperation Agency said.
President Donald Trump said he's no longer giving Russia 50 days, until Sept. 2, to stop its war in Ukraine or face trade measures. He told reporters in Scotland on July 28, "I'm going to make a new deadline of about 10 or 12 days from today. There's no reason in waiting," he said. "We just don't see any progress being made."
Australia last week announced plans to lift import restrictions on U.S. beef, marking an “important moment for the U.S.-Australia trade relationship and a historic win for U.S. ranchers,” the U.S. trade representative said.
The Treasury Department is delaying the effective date of new regulations that were set to make investment advisers subject to anti-money laundering and counterterrorism financing requirements. The final rule, which was issued in August 2024 and was scheduled to take effect Jan. 1, 2026, will now take effect Jan. 1, 2028. The rule was meant to close a loophole that the Biden administration said allowed criminal actors to hide money in the U.S. and sanctioned companies to access sensitive technology through investments in American firms (see 2408290024).
The State Department’s Defense Export Control and Compliance System's advisory opinions application will undergo system maintenance from 2 to 5 p.m. EDT July 25. "Industry users may experience service degradation, interruptions, or limited application functionality within DECCS during this maintenance window," the agency said. "If you experience any issues, please log back in after the maintenance window."
The State Department’s Directorate of Defense Trade Controls this week released its notifications to Congress of recently proposed export licenses. The notifications, which cover licenses submitted from January through March, include exports to Germany, Ukraine, Canada, Italy, the Netherlands, the U.K., Denmark, Saudi Arabia and elsewhere.