President Donald Trump said on social media Jan. 12 that he will, “[e]ffective immediately,” impose a 25% tariff on “any Country doing business” with Iran. The tariffs will cover “any and all business being done with the United States of America,” he said.
Social Media
Social media platforms are facing intense scrutiny over how they collect, share and monetize user data. As new state and federal laws focus on age verification, parental controls and transparency requirements, social media companies face legal risks around algorithmic targeting, third-party tracking and children's safety. This page follows key legislation, investigations and lawsuits shaping privacy practices for major social platforms.
The Trump administration could soon turn its attention to the Cuban government after capturing Venezuela's Nicolas Maduro, the former leader of Cuba’s major oil supplier, said Matthew Kroenig, a former U.S. defense and intelligence official.
The U.S. seized two vessels on the high seas Jan. 7 after saying they had violated U.S. sanctions.
House Minority Leader Hakeem Jeffries, D-N.Y., announced Jan. 5 that he has appointed Rep. Ro Khanna, D-Calif., to replace Rep. Raja Krishnamoorthi, D-Ill., as ranking member of the House Select Committee on China.
Sen. Richard Blumenthal, D-Conn., urged the Trump administration Dec. 29 to release more details on the U.S.-China deal that will transfer ownership of TikTok from China’s ByteDance to American investors (see 2509250064).
The U.S. on Dec. 20 seized an oil tanker off the coast of Venezuela that was "suspected of carrying oil subject to U.S. sanctions," DHS said in a social media post. Secretary Kristi Noem said the U.S. "will continue to pursue the illicit movement of sanctioned oil that is used to fund narco terrorism in the region."
A potential buyer of Russian energy firm Lukoil's international business will need to obtain a separate authorization from the Office of Foreign Assets Control -- aside from the agency's existing general license for the firm -- to complete the sale, OFAC said in a new FAQ this week.
After a visit from five Central Asian presidents, President Donald Trump posted on social media that Uzbekistan will do a combination of purchases of U.S. exports and investments in the U.S. worth almost $35 billion over the next three years. He said these purchases and investments would be in critical minerals, aviation, auto parts, energy and chemicals, infrastructure, agriculture and information technology.
The Treasury Department won’t issue a license to Gunvor Corp. to operate Lukoil’s international energy business in the event of its sale, the agency said on social media last week. “As long as [Russian President Vladimir] Putin continues the senseless killings, the Kremlin’s puppet, Gunvor, will never get a license to operate and profit,” Treasury said.
The Office of Foreign Assets Control last week sanctioned Gustavo Francisco Petro Urrego, president of Colombia, for actions that Treasury Secretary Scott Bessent said have allowed drug cartels and traffickers to "flourish." OFAC also sanctioned Gustavo Petro’s eldest son, Nicolas Fernando Petro Burgos, who is considered to be his political heir; First Lady Veronica del Socorro Alcocer Garcia; and Armando Alberto Benedetti Villaneda, who has been appointed by Petro to multiple high-ranking positions within the Colombian government.