Latest in Republicans Like to Cut Taxes. With Tariffs, Trump Is Raising Them.
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Republicans Like to Cut Taxes. With Tariffs, Trump Is Raising Them.
President Trump’s tariffs are scrambling the Republican plan for the economy, long centered on tax cuts and growth.The New York Times - 3d -
Republicans Want to Make the Trump Tax Cuts Last Forever
Senate Republicans are hoping to ice Democrats out from deciding the fate of President Trump’s 2017 tax cuts, a move that Democrats could eventually use against them.The New York Times - 2d -
Starmer vows not to raise taxes despite Trump’s tariffs
Prime minister says he will ‘seize the opportunity’ to make the economy more secureFinancial Times - 23h -
Small Businesses Face a ‘Tornado’ of Challenges: Cuts, Freezes and Now Tariffs
President Trump vowed to aid entrepreneurs by reducing taxes and slicing red tape. But some owners say other policies have put them at a disadvantage.The New York Times - 2d -
Elon Musk's brother slams Trump tariffs, calls them 'permanent tax on the American consumer'
Kimbal Musk, the brother of the world's wealthiest person, took to X on Monday to criticize President Donald Trump's tariffs.CNBC - 19h -
I.R.S. Audits Are at a Record Low. Trump’s Cuts Could Make Them Even Rarer.
The Biden plan to increase tax revenue through more enforcement is being reversed.The New York Times - 50m -
Trump’s Trade War Raises Bar for Fed Rate Cuts
Tariffs set to take effect this week risk stoking even higher inflation and slower growth than expected, complicating the central bank’s decisions on monetary policy.The New York Times - 21h -
Gulf Coast Shrimpers See Hope in Trump’s Tariffs
After years struggling to compete with cheaper, farm-raised imported shrimp, shrimpers from Florida to Louisiana are optimistic that the new tariffs will help them.The New York Times - 13h -
Trump chaos is alienating Republicans
Outside of the Maga ecosystem, bad economic news is starting to cut throughFinancial Times - 1d -
Ted Cruz and Other Senate Republicans Question Trump’s Tariffs
One of the president’s allies warns that the trade barriers could hurt American business and consumers. But he has yet to take any real steps to reverse them.The New York Times - 3d -
4/3: CBS Evening News Plus
World reacts to Trump's mass tariffs; Reporter's Notebook: Senate considers extending Trump tax cuts at a heavy costCBS News - 13h -
Republicans rattled by tariff troubles begin to push back on Trump
Cracks are growing between congressional Republicans and President Trump over his tariff policy, with some lawmakers looking to strip him of his unilateral tariff authority and others seeking ...The Hill - 5h -
2 Senate Republicans urge Trump to take EU tariff deal
A pair of Senate Republicans on Monday urged President Trump to accept the European Union’s offer of “zero-for-zero tariffs” on cars and industrial goods amid the administration's growing trade ...The Hill - 21h -
GOP mega-donor knocks Trump tariffs: 'I don't understand the goddamn formula'
Billionaire Republican donor Ken Langone criticized President Trump's tariffs as "bulls---" and questioned the White House's approach to calculating them in a new interview, while China's Ministry ...The Hill - 1h -
GOP pollster: Majority of Trump voters oppose Medicaid cuts
A majority of Americans who voted for President Trump oppose cuts to Medicaid funding, according to a recent poll. Two-thirds of surveyed swing voters oppose cutting Medicaid spending to pay for ...The Hill - 19h -
In conservative Alabama, Republicans cheering for Trump - with some quiet concerns
Alabama Republicans cheered President Donald Trump and his agenda at a GOP party the day he imposed tariffs and sent stock markets tumbling worldwideABC News - 1d -
Farm-state Republicans rocked by tariffs fear Trump lacks exit strategy
Republicans in Congress feel rattled about what they say is the lack of a clear outcome or exit strategy for President Trump’s trade war, which they fear will close lucrative markets for wheat, ...The Hill - 5h -
Senate Republicans nudge Trump's trade chief for a tariff end game
Sen. James Lankford expressed doubt about one of Trump’s main goals for the steep new global tariffs.Politico - 1h -
China vows to ‘fight to the end’ if Trump raises tariffs to 104%
China said Tuesday it will “fight to the end” if President Donald Trump imposes an additional 50% tariff on Chinese goods as many countries rush to negotiate trade with the United States.NBC News - 11h -
Congress has power over tariffs, but stopping Trump isn't likely as of now
Stock market indices have sharply fallen on the heels of President Trump imposing higher tariffs on more than 180 countries.CNBC - 3d -
Canada Drops the Gloves in Tariff Spat, Makes Its Case on U.S. Billboards
The tariffs-are-a-tax messages are targeting residents in places like Pittsburgh that count on Canadian trade.The New York Times - 2d -
Trump threatens new 50% tariffs on China
The US president warns of the extra tax unless China withdraws its own 34% counter-tariff on US goods.BBC News - 7h -
Canadian couple likely the only business owners on Australia's Norfolk Island to face US tariffs
Jesse Schiller and Rachel Evans are likely the only business owners on Australia's Norfolk Island to be affected by the Trump administration's tariffs, as the island exports nothing to the United ...ABC News - 5h -
Republicans Ted Cruz, Rand Paul speak out on risks of Trump tariff policy
As fallout continues from Trump's severe tariff policy on virtually all U.S. trading partners, some GOP senators are warning about the risks for American families.ABC News - 18h -
Ex-Fed bank leader: Trump tariffs dramatically raise risk of 'Smoot-Hawley type outcome'
Former Federal Reserve Bank of St. Louis President James Bullard said early Monday that President Trump’s tariffs could risk severely worsening the economy, in a way that mirrors the consequences ...The Hill - 1d -
China Accuses U.S. of Blackmail After Trump Threatens More Tariffs
China sees little to gain in capitulating to President Trump’s tariff threats, labeling them “blackmail” and vowing to “fight to the end.”The New York Times - 4h -
Thune: Bill to curb Trump’s tariff power doesn’t have a future
Senate Majority Leader John Thune (R-S.D.) says that a bipartisan bill to curb President Trump’s tariff power backed by seven Republican senators doesn’t have a future in Congress because Trump has ...The Hill - 18h -
Trump threatens to veto Senate bill limiting his tariff power
The Trump White House has threatened to veto a bipartisan Senate bill that would check President Trump’s authority to impose new tariffs or increase tariffs by requiring Congress to approve them ...The Hill - 22h -
Trump threatens additional 50% tariffs on China over retaliatory levies
President poised to further impose taxes after Beijing announced a 34% tariff on US imports as global markets fall. US politics live – latest updates Donald Trump has threatened to impose an ...The Guardian - 16h -
China vows to 'fight to the end' after Trump ramps up tariff threat
The Chinese government on Monday vowed to “fight to the end” after President Trump ramped up his tariff threat against the nation, warning he could impose an additional 50 percent tax on goods ...The Hill - 3h -
Live updates: Trump defends tariffs; Billionaire Trump endorser calls for trade war time-out
Vulnerable House Republicans are on defense amid the fallout from President Trump’s sweeping global tariffs, which have stoked uncertainty about the economy. Markets took a nosedive Thursday ...The Hill - 1d -
Trump shows no signs of backing off tariffs
The White House showed no signs Monday of backing off its implementation of sweeping tariffs on dozens of other nations, even as its approach rattled financial markets and raised the specter of an ...The Hill - 18h -
Musk, Navarro tangle on tariffs
Tech billionaire and close Trump ally Elon Musk tangled with the president's trade advisor Peter Navarro on tariffs over the weekend, as the administration’s new import taxes have roiled the stock ...The Hill - 1d -
Why the US mortgage market is addicted to big government
Government guarantees on securitised home loans make them generally low risk — but Trump’s policymaking raises concernsFinancial Times - 1d -
Watch live: House Democrats speak as criticism mounts over Trump tariffs, workforce cuts
House Democratic leaders are holding a press conference Tuesday morning as criticism mounts over President Trump's tariff agenda and sweeping overhaul of the federal government. The presser follows ...The Hill - 1h -
'Nowhere to hide.' How Apple and others in Silicon Valley are bracing for Trump tariffs
The Trump administration's tariffs will significantly hurt Silicon Valley tech companies like Apple, which has manufacturing operations in China, Vietnam and India.Los Angeles Times - 3d -
Globalization made America rich. Now, Trump's tariffs may upend it.
President Trump treats America’s friends more like its adversaries and his worldwide tariffs may reshape the global economy and the lives of billions.NBC News - 1d -
Stocks bounce back after Trump tariff plunge
The stock market opened Tuesday with solid gains for the first time since President Trump announced plans to impose $600 billion in taxes on foreign goods. The Dow Jones Industrial Average rose ...The Hill - 1h -
China Retaliates Hard in Trade War by Slapping Tariffs on U.S. Goods
Canada and other countries also readied retaliation after President Trump raised U.S. tariff barriers to their highest level in more than a century.Inc. - 4d -
Sneaker designers, retailers and collectors brace for Trump's tariffs
Small sneaker makers and huge companies like Nike face challenges from tariffs, as many sneakers are made in China, Vietnam and Taiwan, which have been hit with tariffs on goods sent to the United ...NBC News - 4h