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Secretary Bessent Announces “Narrowly Tailored, Short Term Sanction Relief” for Russia

‘Trump, you magnificent bastard, I read your book!’

President Trump and Treasury Secretary Scott Bessent are facing mounting criticism for creating a window for Russia to sell oil and gas to the global market via “narrowly tailored, short-term” sanction relief.  However, few people are putting the issue into context, and the background here is exceptionally interesting.

According to the terms announced by Secretary Bessent, the license to sell applies solely to Russian crude or petroleum products loaded onto vessels as of March 12 and is valid through midnight Washington time on April 11. [Treasury Notice Here – OFAC Technical Details Here]

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The sanction relief license to sell will be done in globally recognized petrodollars and applies only to preexisting oil and petroleum products that are already in transit at sea.  However, here’s where it gets very interesting and the ramifications are significant.

Immediately following the Alaska summit between Russian President Vladimir Putin and President Trump, Russia restarted Arctic-2 LNG terminals and began increasing oil production for storage on ‘floating platforms.’  President Trump met with Putin on August 15, 2025, and the curious increase in Russian production began on August 18, 2025.

In the past six months Russia has been pumping sanctioned oil and gas and storing it on ships and mobile sea platforms, seemingly (at the time) with no customers.  Suddenly, against the background of the Iran conflict, all of that previously stored ‘on the water‘ production, now worth double, is authorized for global sale (in petrodollars).

Either Russian President Putin is the luckiest guy in the world, or Russia knew something.

In 2025 what Russia did following the Alaska summit did not make sense; now it does and the ramifications are stunning.

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USTR Greer Announces Launch of Sec 301 Trade Investigations into 16 Economies Including the EU

When the Supreme Court made their ridiculous decision to nullify the import tariffs under the International Emergency Economic Powers Act (IEEPA) use, the high court noted several alternate approaches would not be legally problematic.  One of those approaches would be the use of Section 301 trade tariffs.

Yesterday USTR Jamieson Greer quietly announced that a Section 301 review would be taking place for the following countries: China, the European Union, Singapore, Switzerland, Norway, Indonesia, Malaysia, Cambodia, Thailand, Korea, Vietnam, Taiwan, Bangladesh, Mexico, Japan, and India.”

♦ Section 301 tariffs are a trade enforcement mechanism established under the Trade Act of 1974. They allow the U.S. government to impose tariffs on imports from countries that are found to be engaging in unfair trade practices. The Office of the United States Trade Representative (USTR) conducts investigations to determine if a country is violating trade agreements, and if so, it can impose tariffs as a corrective measure {SOURCE}

USTR PRESS RELEASE – WASHINGTON — Today, United States Trade Representative Jamieson Greer announced the initiation of investigations regarding the acts, policies, and practices of various economies under Section 301(b) of the Trade Act of 1974 relating to structural excess capacity and production in manufacturing sectors.

The investigations will determine whether those acts, policies, and practices are unreasonable or discriminatory and burden or restrict U.S. commerce. The economies subject to these investigations are: China, the European Union, Singapore, Switzerland, Norway, Indonesia, Malaysia, Cambodia, Thailand, Korea, Vietnam, Taiwan, Bangladesh, Mexico, Japan, and India.

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President Trump Notes Briefing on Iranian Sleeper Cells that Entered During Biden Open Border Era

During an impromptu press availability last night, President Trump was asked about potential Iranian sleeper cells or groups sympathetic to Iran that are active on U.S. soil.

Obviously, the threat from groups and individuals sympathetic to Iran creates an increased need for the Dept of Homeland Security and FBI to operate enhanced domestic surveillance, an unfortunate outcome that further enhances the need for FISA(702) authorities.

When this potential terror threat is combined with the millions of people who crossed the U.S. southern border during the Biden administration, the Palantir project within Customs and Border Protection (CBP), Immigration Customs Enforcement (ICE), the need for rapid and aggressive deportation tracking and the Dept of Homeland Security (DHS), we can reasonably be assured that domestic surveillance will expand.

On the positive side of the issue, recent reports highlight Iranian citizens helping U.S/Israeli drones to target Iran regime officers on the streets in Tehran which has caused the regime police to withdraw from roadblocks and checkpoints.  [Well-sourced data here] This type of operation empowers the voices of the citizen opposition to organize.  WATCH:

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President Trump Delivers a Speech at Verst Logistics in Hebron, Kentucky – 4:30pm ET Livestream

Today, President Trump is travelling to Kentucky to deliver remarks at Verst Logistics in Hebron Kentucky to promote and emphasize the MAGAnomic manufacturing revitalization.  The anticipated start time for his remarks is approximately 4:30pm ET, with livestream links below:

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President Trump Impromptu Presser on Iran and SAVE America Act Departing the White House

President Trump answers questions from the media as he departs the White House for Ohio and Kentucky.  The majority of the questions surrounded Iran and the SAVE America Act.  WATCH:

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CENTCOM Commander Bradley Cooper Provides an Update on Operation Epic Fury

Despite the Trump administration pushing maximum transparency, there is a lot of noise and wrong information surrounding the U.S. military operation ‘Epic Fury’ against Iran.  Much of the false or incorrect information is coming from consultants to sell their opinions to corporate media.

Whenever the fog of war surrounds military activity that takes place against national security information, it is best practice to listen to the leadership who control and command the actual activity being reported on.  CENTCOM Commander Bradley Cooper provides updates on strategic missions.  The information is shared via CENTCOM’s X Account.  WATCH:

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Leader John Thune “The votes aren’t there for a talking filibuster” on the SAVE America Act

Senate Majority Leader John Thune again reiterated there are not enough Senate votes to get the SAVE America Act to the status of a ‘talking filibuster.’ “The votes aren’t there for a talking filibuster,” Thune said Tuesday. “It’s just a reality.”

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Secretary Pete Hegseth and Joint Chiefs Chair Dan Caine Hold a Press Conference – The First Ten Days

Secretary of War Pete Hegseth and Chairman of the Joint Chiefs Dan Caine hold a press briefing from the Pentagon with updates on Operation Epic Fury.  “The First Ten Days” recapped.

General Dan Caine noted CENTCOM Commander Brad Cooper will continue delivering intermediate updates.  Caine also outlined how targeting of the Iranian missile systems continues as a priority along with the systematic destruction of the Iranian navy assets.  Both aspects of the operation continue having maximum success and impact.

General Caine also noted how the third objective of dismantling Iran’s infrastructure systems to mechanize war are intensifying.  “We are moving deeper into Iran’s industrial base,” General Caine noted.   Missile attack launches from inside Iran have dropped 90%, and one-way drone launches have dropped more than 80%.  50 Iranian vessels have been destroyed by U.S. targeting.

As Iran’s treat capacity to target vessels continues to be degraded, the Strait of Hormuz begins to open.

US West Texas Intermediate Crude Oil Futures with April 2026 Expiry, traded at $89.89 per barrel, down by 5.2%. This oil benchmark touched an intraday low of 84.45 and recorded an overall decline of 29.3% from $119.43 per barrel level that was touched on March 9th. Yesterday, US WTI plunged nearly 18%.

Brent Crude Oil Price: Brent crude has nosedived by nearly 26.2% and touched an intraday low of $88.10 per barrel. This is compared to $119.50 per barrel mark it hit on March 9. Yesterday, the price dropped nearly 9%. {SOURCE}

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President Trump States He Will Not Sign Other Bills Until ‘Save America Act’ is Passed

President Trump is again urging the Senate to pass the Save America voting act that is a core element of restoring voter integrity in U.S. elections.  In his Truth Social post, President Trump notes he will not sign other legislation until the Save America Act reaches his desk.

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Mexico and USA Begin Bilateral Preparations to Dissolve USMCA Without Canada

One of the most curious aspects to the predictable USMCA review, ie. dissolution, has been the incapacity of the Canadian government or trade delegation to accept the United States is going to create two distinctly different bilateral trade agreements and eliminate the trilateral USMCA.

For 16 months the Canadians have refused to fathom the reality of what is going to happen this year.

The Canadians just cannot believe it is possible they will be forced to negotiate a free trade agreement without the cover of a multilateral construct. It has been remarkable to watch their dissonance.

Last week President Donald Trump and Mexican President Claudia Sheinbaum held a phone call. At the conclusion of the call, Sheinbaum publicly asserted the reality the Canadians just refuse to accept.

MEXICO – Mexico’s President Claudia Sheinbaum told reporters during her morning news briefing on Wednesday that her U.S. counterpart, Donald Trump, is open to doing away with the U.S.-Mexico-Canada trade agreement (USMCA) and replace it with individual trade deals with each country.

[…] “There might be revisions that create bilateral deals instead of involving the three countries because some things are more important between Mexico and the United Sates or between Canada and the United States,” said Sheinbaum. “Not everything has to be trilateral.”

Mexico’s president said the subject was brought up by Trump during a Tuesday phone conversation. […] According to Sheinbaum, her country is ready to consider possible changes. (read more)

Canadian Prime Minister Mark Carney finally started to realize President Trump was likely to ignore Canada and begin direct discussions with Sheinbaum. So, Carney went to Mexico to try and get assurances from Sheinbaum that Mexico would not proceed without Canadian interests in mind.

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