Ricketts said Taiwan's leaders already had reached out to Commerce Secretary Howard Lutnick for negotiations, moving quickly in the 90-day pause that Trump announced before the United States starts enforcing the new tariffs on most countries.
U.S. lawmakers' bipartisan Taiwan visit signals support despite tariffs from Trump
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Sen. Pete Ricketts, the Nebraska Republican who sponsored the legislation, said the CFBP rule is unnecessarily duplicative because the payment systems are already regulated by other entities at the state and federal level that look out for consumers.
Congress repeals Biden offshore drilling rule as Republicans continue regulatory rollback
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