Trump lifts Iran sanctions, allows first dollar sales since 1979
Trump announced the lifting of certain sanctions on Iran, enabling dollar transactions.
Donald J. Trump is an American businessman and Republican politician who returned to the presidency on January 20, 2025, serving with Vice President J.D. Vance. He previously served as president from 2017 to 2021 and is known for populist domestic and trade policies, deregulation efforts, and conservative judicial appointments.
Trump's presidencies reshaped the federal judiciary through multiple Supreme Court appointments and advanced a deregulatory, tax-cutting agenda that supporters credit with stimulating economic growth and shifting federal policy priorities. His administration pursued an assertive trade policy, tightened immigration enforcement, and enacted criminal‑justice reform and other legislative and executive measures that altered Washington's policy landscape.
At the same time, Trump's tenure was highly polarizing, marked by two impeachments and contentious relations with traditional allies and institutions; critics argue his style and rhetoric increased political polarization and weakened norms. His electoral comeback and continued influence have reshaped the Republican Party and American political discourse, leaving a contested but lasting imprint on governance and civic life.
Elected president in 2016 (served 2017–2021) and again in 2024, inaugurated 2025; Appointed three Supreme Court justices, shifting the judiciary rightward; Enacted the 2017 Tax Cuts and Jobs Act and pursued broad deregulation; Implemented tariffs and a confrontational trade policy toward China; Withdrew the U.S. from the Paris climate agreement and the Iran nuclear deal; Oversaw passage of the First Step Act and faced two impeachments
Key highlights and dated events associated with this presidency.
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Trump announced the lifting of certain sanctions on Iran, enabling dollar transactions.
Trump announced the waiver of certain sanctions on Iran while emphasizing the need for compliance with the nuclear agreement.
President Trump signed new executive orders aimed at enhancing the United States' capabilities in quantum computing.
Trump endorses candidates in Michigan ahead of the gubernatorial election.
China responds to U.S. sanctions by imposing its own restrictions on American companies.
Trump's new Iran agreement includes sanctions relief, a significant shift from previous policy.
China retaliates against U.S. sanctions by restricting exports to American defense firms.
President Trump's foreign policy is increasingly characterized by cooperation with Russia and China.
Trump's new Iran deal includes lifting oil sanctions, which has drawn criticism from some Republican lawmakers.
A federal judge ruled that challenges to Trump's mail-in voting order can proceed.
Key Republican senators have expressed dissent regarding Trump's Iran deal, highlighting divisions within the party.
Tensions between Trump and several Republican senators have escalated as midterm elections approach.