House Republicans Will Vote Again on Trump’s ‘Big, Beautiful Bill’
A group of fiscal hard-liners on the Budget Committee blocked the bill Friday morning. The group will try again to pass the president’s megabill out of committee Sunday night.
It Is Happening Every Day, Every Where
A group of fiscal hard-liners on the Budget Committee blocked the bill Friday morning. The group will try again to pass the president’s megabill out of committee Sunday night.
White House officials say President Trump secured $600 billion in investment on his trip to Saudi Arabia but details were vague and some deals were already in the pipeline.
A House Republican bill introduced this week would do away with tax credits that had encouraged Americans to buy electric vehicles and automakers to invest in new factories.
The chief executive of Carvana, which sells used cars online, said President Trump’s tariffs could help his company by increasing demand for its vehicles.
Border detentions and confusion over visas are deterring international visitors, according to the World Travel & Tourism Council, and the price tag for their hesitancy could be steep.
The temporary lowering of tariffs may compel some U.S. businesses to order goods that they had held off buying after President Trump raised them to 145 percent.
President Trump’s triple-digit tariffs on Chinese products disrupted global trade — but haven’t appeared to result in major concessions from Beijing.
The Trump administration could use the investigation to impose new tariffs on imported planes, jet engines and other aerospace parts.
Jerome H. Powell, chair of the Federal Reserve, has made clear that pre-emptive interest rate cuts are not appropriate for the moment.
The president thinks he can return America to manufacturing glory — but the cycles of economic history are hard to break.