President Donald Trump vowed to boost U.S. manufacturing by cutting the trade deficit with Mexico. "No longer are we going to allow other countries to break the rules, to steal our jobs and drain our wealth," Trump said. The U.S. Trade Representative released an 18-page report about its goals for updating the decades-old North American Free Trade Agreement. In addition to reducing the trade deficit, the administration wants to insert a chapter on the digital economy into the deal. It also wants to strengthen labor and environmental obligations. The United States has a $64 billion goods deficit with Mexico.
The Trump administration told Congress for a second time that Iran is complying with the nuclear deal and can keep enjoying sanctions relief, even as it insisted Tehran would face consequences for breaching "the spirit" of the deal. Trump, who lambasted the 2015 pact as a candidate, gave himself more time to decide whether to scuttle it or let it stand. In a shift from Trump's previous threat to "rip up" the deal, officials said the administration was working to try to fix the deal's flaws, including the expiration of some nuclear restrictions after a decade or more.
The U.S. Coast Guard, citing security concerns, is adopting a policy of periodically cutting off access to roughly 2 miles of the Potomac River where it borders Trump National Golf Club in Sterling, Va. The restrictions would clear the water of canoes, kayaks, stand-up paddleboards, sailboats, jet-skis, motorboats and anglers when Trump or other senior government officials spend a day on the back nine.