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TERM 1
July 26, 2019 · 2,455 days ago
💰 Economy
On July 26, 2019, President Trump signed Memorandum 2019-16497 directing U.S. trade representatives to challenge countries claiming developing-nation status at the World Trade Organization, particularly China and India. The memorandum instructed officials to refuse special trade concessions granted to developing countries for nations with large economies or high export volumes. The direct impact on Americans included potential changes to tariff treatment on imported goods and shifts in U.S. trade negotiation strategy, though implementation effects varied by sector and trading partner response.
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TERM 1
May 31, 2019 · 2,511 days ago
💰 Economy
On May 31, 2019, President Trump signed Proclamation 2019-9986 modifying the list of countries eligible for preferential trade benefits under the Generalized System of Preferences (GSP) program established by the Trade Act of 1974. The proclamation removed certain countries from the beneficiary list, ending their eligibility for duty-free trade access to U.S. markets. This directly affected import tariffs on goods from affected countries, increasing costs for American importers and potentially raising prices on consumer goods sourced from those nations.
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TERM 1
May 16, 2019 · 2,526 days ago
💰 Economy
On May 16, 2019, President Trump signed Proclamation 9761 removing India from the list of beneficiary developing countries under the Generalized System of Preferences (GSP) program established by the Trade Act of 1974. The proclamation eliminated India's duty-free access to U.S. markets for approximately 2,000 product categories, effective June 5, 2019. Indian exporters faced tariffs on products previously entering the U.S. duty-free, affecting American importers and consumers of goods including pharmaceuticals, chemicals, and textiles.
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TERM 1
October 30, 2018 · 2,724 days ago
💰 Economy
On October 30, 2018, President Trump signed Proclamation 2018-24032 modifying the list of products eligible for duty-free treatment under the Generalized System of Preferences (GSP), a trade program that grants preferential tariff rates to certain imports from developing countries. The proclamation removed or modified duty-free status for specific product categories. The change directly affected import duties on goods from GSP-designated countries, altering costs for businesses importing those products and potentially affecting consumer prices on affected merchandise.
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TERM 1
January 23, 2017 · 3,369 days ago
🌐 Foreign Policy
On January 23, 2017, President Trump signed a memorandum reinstating the Mexico City Policy, which prohibits U.S. federal funding to foreign non-governmental organizations that perform abortion services or provide information about abortion. The policy eliminates funding to international family planning organizations that include abortion in their services, affecting millions of people in developing countries who rely on these organizations for reproductive healthcare, maternal health, and family planning services.