The executive order targets common tariff-avoidance practices, and limits the ability of companies to qualify for customs penalty reductions, among other stricter CBP requirements.
Bessent claimed that decades of prioritizing low-cost sourcing have left the U.S. vulnerable to supply chain disruptions, all while compromising the country's domestic manufacturing.
The lawsuit against Chemours alleged that the company illegally dumped PFAS into the Ohio River, Cape Fear River and Delaware River over the course of a decade.
Cracks in the wing beam of some A380 planes were discovered during previous inspections, with regulators warning that the issue could compromise the wing's structural integrity.
Shifting weather patterns are bringing severe events to regions that historically haven’t dealt with them, and making storms less predictable than in the past.
The IMO said that it will carry out a large-scale operation with cooperation between the maritime industry and the U.S., Iran, Oman and other Gulf Coast states.
The rules will require businesses to conduct regular checks of their supply chains to ensure that they're not sourcing products grown on illegally deforested lands.