Department of Commerce
U.S. authorities on April 19 imposed a $300 million penalty on Seagate Technology, to resolve alleged violations of export controls related to selling hard disk drives to Huawei Technologies, the Commerce Department said.
The manufacturer was involved in the shipment of hard disk drives valued over $1.1 billion to Huawei entities despite U.S. controls.
The Commerce Department said the targeted companies had supplied items to Russian “entities of concern” before the February 24 invasion
The U.S. Defense Department supports moves by the Commerce Department to impose tariffs on steel and aluminum imports, although it would prefer a system of targeted tariffs rather than a global quota or a global tariff.
The number of international visitors to the United States has dropped for the first time since 2009, as did their spending, the U.S. Department of Commerce said on Aug. 11.
In 2016, 75.6 million international travelers ventured stateside, a two percent drop from the previous year. Their spending also fell by one percent to $244.7 billion.