Latest in A global corporate tax turf war between Trump, the GOP and U.S. allies is brewing
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How Trump’s trade wars could backfire on U.S. stock and bond investors
In Trump’s first term, American businesses cut investment spending and industrial production slowed.MarketWatch - 32m -
House GOP releases budget calling for trillions in cuts to taxes and spending
House Republicans released a budget resolution that calls for cutting taxes by up to $4.5 trillion and sets a goal of slashing federal spending by $2 trillion.NBC News - 1h -
Trump’s disdain for South American allies is China’s gain
The US is targeting its own allies and its withdrawal from the region has left a power vacuum for China to fill in. While Donald Trump and his Colombian counterpart, Gustavo Petro, were engaged in ...The Guardian - 10h -
Champions League global rights deal set to be struck by U.S. agency Relevent with UEFA, clubs
UEFA and top European soccer clubs are set to drop the Swiss agency that has sold Champions League rights since 1992ABC News - 1d -
Inside the House GOP clash over tax cuts
Hardliners are squaring off against their top tax writer as Republicans try to assemble a package President Donald Trump's priorities.Politico - 2d -
Trump’s tariffs and tax plans are inflationary. Voters won’t tolerate it.
Trump can no sooner repeal the law of gravity than change some macroeconomic realities.MarketWatch - 3h -
Global war fears rising among security experts: Survey
Global war fears are rising among experts around the world with over 40 percent expecting a new world conflict in the next decade, according to a new survey. The poll, released Wednesday by the ...The Hill - 7h -
A global corporate tax turf war between Trump, the GOP and U.S. allies is brewing
As President Trump threatens a wider trade war on EU and other allies, an obscure global tax battle could be one retaliatory result, and target U.S. business.CNBC - 8h -
Ted Nugent praises Trump's deportations: 'This is war'
The rocker known for "Cat Scratch Fever" appeared during NewsNation's "On Balance" on Tuesday.The Hill - 10h -
GOP lawmakers urge Trump to respect federal court rulings
Senate Republicans are urging President Trump to respect the rulings of federal judges who have blocked his executive actions to freeze spending federal grants and loans, dismantle the U.S. Agency ...The Hill - 11h -
Most Europeans see Trump’s US as more a necessary partner than ally, poll finds
Findings of survey prompt call for more ‘realistic, transactional’ EU approach towards Washington. Europe live – latest updates Donald Trump’s return to the White House has led to a ...The Guardian - 13h -
‘Cost and chaos’: Trump’s metal tariffs sweep across corporate America
Executives grapple with uncertainty and price volatility even before levies come into effectFinancial Times - 17h -
Justice Sotomayor defends courts amid criticism from Trump and his allies
Liberal Supreme Court Justice Sonia Sotomayor said that courts must use their “soft power” to persuade people to comply with rulings on contentious issues.NBC News - 21h -
Trump officials tell GOP lawmakers they need $175B to secure borders
Two senior Trump administration officials told Republican senators at a closed-door lunch meeting Tuesday that they’re running out of money to secure the borders and need Congress to immediately ...The Hill - 22h -
House GOP skeptical it can advance Trump agenda by week’s end
House Republicans are growing increasingly skeptical that they can advance a framework for President Trump’s ambitious legislative agenda by the end of the week, with internal disagreements over ...The Hill - 23h -
NATO allies await US defense secretary's visit, the first by a member of the Trump administration
U.S. Defense Secretary Pete Hegseth will become on Wednesday the first member of the new Trump administration to visit NATOABC News - 1d -
Trump’s Ultimatum to Hamas, and Showdown Looms Between White House and the Courts
Plus, a surprise blockbuster.The New York Times - 1d -
Trump is giving a green light to corporate corruption abroad
Abandoning the Foreign Corrupt Practices Act would not be good businessFinancial Times - 1d -
Ukraine 'may be Russian someday,' Trump says, as the U.S. ups the pressure on Kyiv and allies
Washington's envoys will push partners to take on more responsibility for Kyiv, when U.S. and European officials meet for Ukraine talks this week.CNBC - 1d -
Trump should be using this heavy-handed diplomacy against adversaries, not allies
The Trump administration needs to figure out the proper balance between coercion and diplomacy, and how it affects international respect for the United States.The Hill - 1d -
In fighting AI chip trade war with China, there's one big mistake U.S. can't afford to make
Chip export controls were supposed to prevent China from rivaling U.S.-based gen AI. DeepSeek got around that, and tougher rules may not do much better.CNBC - 1d -
Trump widens his attack on global trade with steel and aluminium tariffs
Also in today’s newsletter, ‘If there’s no immigrant labour, there’s no milk, no cheese, no butter, no ice cream’Financial Times - 1d -
Trump’s proposal for Gaza entangles Arab allies
President Trump’s proposal to permanently resettle Palestinians from the Gaza Strip is complicating relationships with allies in the Arab world. His meeting Tuesday with Jordan’s King Abdullah II ...The Hill - 1d -
There will be no exemptions to new tax on metals, says Trump
The move threatens to have a big impact in Canada, a major source of the metals in the US.BBC News - 1d -
Trump expresses confidence Democrats will help extend tax cuts
President Trump expressed confidence that Democrats will help Republicans extend his 2017-era tax cuts, despite the minority party showing no interest in helping with the president’s agenda. The ...The Hill - 1d -
The Memo: Trump, allies ramp up attacks on courts
Monday brought another legal setback for President Trump and his administration — and there is every indication it will add more fuel to the fire of MAGA grievances against the judiciary. The issue ...The Hill - 1d -
Trump’s tariffs wars and aid shutdowns are foolish and immoral
All of this madness will lead to increased famine, disease, suffering and economic instability, while handing geopolitical influence to China and Russia.The Hill - 2d -
USAID cuts threaten global women's program championed by Ivanka Trump
Five years ago, Lillian Achom stood with President Trump as he backed her women's development work - work she says is threatened by his USAID cut.CBS News - 2d -
This chart shows the dramatic shift in global manufacturing over 30 years. The U.S. isn’t at the top.
China is at the heart of longer-term economic security concerns that could keep global trade conflicts going, says Deutsche Bank.MarketWatch - 2d -
GOP senators terrified of crossing Trump, facing Musk-funded challengers
GOP senators are terrified over the prospect of facing primary challengers funded by Elon Musk if they stick their necks out by opposing President Trump's agenda The White House has signaled that ...The Hill - 2d -
Egypt announces emergency Arab summit after Trump's Gaza plan infuriates key allies
Egypt has announced it will host an emergency Arab summit on Feb. 27 to discuss “new and dangerous developments” after U.S. President Donald Trump proposed to resettle Palestinians from the Gaza StripABC News - 3d -
Trump’s claim that Mexican cartels and government are allied is not reality
Corruption in Mexico is a problem, experts say, but any claim the two are linked shows a lack of comprehension. Mexico breathed a sigh of relief this week when Donald Trump delayed his threatened ...The Guardian - 3d -
Trump might be stuck with Biden’s funding priorities for longer than GOP hoped
President Trump could be stuck with spending priorities set under the Biden administration for longer than congressional Republicans had hoped. As Congress struggles to strike a bipartisan ...The Hill - 3d -
Will a Time Magazine Cover Drive a Wedge Between Trump and Musk?
The cover of the venerable newsweekly, long an object of fixation for the president, put Elon Musk behind the Resolute Desk.The New York Times - 4d -
Graham's plan for Trump tax cuts
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Graham rolls out plan to tackle Trump agenda Senate Budget Committee Chair ...The Hill - 4d -
To Keep Aid Coming, Ukraine Appeals to Trump Allies: Conservative Christians
A Ukrainian delegation to the National Prayer Breakfast in Washington will make the case that Russia threatens the religious freedom of Christians who don’t follow the Russian Orthodox Church.The New York Times - 6d