IRAN: Trump Spoke w/Saudi Leader MBS To Update On Iran - Axios

United States Trade Representative Jamieson Greer has delivered US President Donald Trump’s 2026 Trade Policy Agenda and 2025 Annual Report to Congress. Greer said in a statement, "The Trump Administration is doubling down on the America First Trade Policy in 2026 to capitalize on the wins from 2025 and keep momentum going for American workers, their families, and the U.S. economy."

• The report notes, "Evidence from the past year demonstrates the America First Trade Policy is working. Since the President began implementing his policy in April 2025, the trade deficit in goods decreased, on a year-over-year basis, every month through December 2025."
• The report appears to confirm that the administration intends to expand the scope of Section 301 tariffs to reimpose IEEPA tariffs struck down by the Supreme Court: "Section 301 of the Trade Act of 1974 (Trade Act) is designed to address unfair foreign practices affecting US commerce. Section 301 may be used to enforce U.S. rights under bilateral and multilateral trade agreements or to respond to unreasonable, unjustifiable, or discriminatory foreign government practices that burden or restrict U.S. commerce. For example, Section 301 investigations may be initiated in response to foreign policies, actions, or practices that limit market opportunities for U.S. goods and services, break labor or environmental norms or trade commitments, constitute anticompetitive activities, or discriminate against or hinder U.S. intellectual property rights."

• US TSY 26W AUCTION: NON-COMP BIDS $1.518 BLN FROM $77.000 BLN TOTAL

• US TSY 13W AUCTION: NON-COMP BIDS $1.772 BLN FROM $89.000 BLN TOTAL