The Financial Comet
  • Business
  • World News
  • Politics
  • Investing
  • Business
  • World News
  • Politics
  • Investing

The Financial Comet

Politics

Trump to sign order lifting sanctions on Syria

by admin July 1, 2025
July 1, 2025
Trump to sign order lifting sanctions on Syria

President Donald Trump will sign an executive order to formally lift all sanctions on Syria on Monday afternoon. 

‘This is in an effort to promote and support the country’s path to stability and peace. The order will remove sanctions on Syria while maintaining sanctions on the former president Assad or his associates, human rights abusers, drug traffickers, persons linked to chemical weapons activities, ISIS and their affiliates, and Iranian proxies,’ White House press secretary Karoline Leavitt told reporters. 

Trump is ‘committed to supporting a Syria that is stable, unified and at peace with itself and its neighbors,’ Leavitt said. 

Some sanctions will still need to be lifted by Congress, and others date to 1979, when Syria was designated a state sponsor of terrorism. The administration has not yet lifted that designation. 

Trump met last month with Syria’s new interim leader, Ahmed al-Sharaa, during a Middle East stint. 

From having a $10 million bounty on his head to sitting down with the U.S. president, the turnaround of the Syrian leader has been remarkable.

Al-Sharaa’s group Hay’at Tahrir al-Sham (HTS), a Syrian militant organization founded as an offshoot of al Qaeda, overthrew Assad in March. 

Al-Sharaa had been campaigning hard for a relationship with Washington and sanctions relief: he offered to build a Trump Tower in Damascus, détente with Israel, and U.S. access to Syria’s oil and gas. He worked to soften the image of HTS and promised an inclusive governing structure. 

The new order comes as Israeli and Syrian officials are engaged in back-channel talks on a potential security and normalization deal. 

U.S. sanctions have included financial penalties on any foreign individual or company that provided material support to the Syrian government and prohibited anyone in the U.S. from dealing in any Syrian entity, including oil and gas. Syrian banks also were effectively cut off from global financial systems. 

This post appeared first on FOX NEWS

previous post
House Freedom Caucus targets Trump’s ‘big, beautiful bill’ with concerns about budget deficit
next post
White House says Mamdani would ‘crush’ New York City if elected mayor

Related Posts

FLASHBACK: Biden also changed White House press pool,...

February 27, 2025

Democrats press hard on Epstein files after years...

December 16, 2025

Experts warn Iran’s nuclear double-talk designed to buy...

April 5, 2025

We need a Marshall Plan to tackle America’s...

November 15, 2025

AOC predicts triumph over JD Vance in hypothetical...

December 19, 2025

Republicans charge ahead on Trump budget, setting up...

April 4, 2025

​​Hegseth says Panama agreed to allow US warships...

April 10, 2025

Pirro confirmed as D.C. U.S. Attorney amid partisan...

August 3, 2025

Deep-pocketed conservative group once at odds with Trump...

November 25, 2025

Key blue state Republican says Senate’s local tax...

June 29, 2025

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Editors’ Picks

    • 1

      DeepSeek hit with large-scale cyberattack, says it’s limiting registrations

      January 28, 2025
    • 2

      Trump re-designates Iranian-backed Houthis as terrorists: ‘Threaten[s] security of American civilians’

      January 23, 2025
    • 3

      Universal’s ‘Wicked: For Good’ creates a unique marketing challenge

      January 27, 2025
    • 4

      UnitedHealthcare taps company veteran Tim Noel as new CEO following Brian Thompson killing

      January 27, 2025
    • 5

      Bank of America CEO says financial industry will jump into crypto payments if regulators allow it

      January 23, 2025
    • 6

      FDA officially authorizes Zyn nicotine pouches for sale following health review

      January 23, 2025
    • 7

      Lara Trump to host weekend show on Fox News

      February 7, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: thefinancialcomet.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 thefinancialcomet.com | All Rights Reserved