But the Treasury secretary also said that some countries working toward agreements with the United States could have until Aug. 1.
Category: United States Politics and Government
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How Republicans Re-engineered the Tax Code
The product of years of Republican effort, the American tax code now blends traditional supply-side economics with President Trump’s populist 2024 campaign promises.
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Drugmakers Notch a $5 Billion Win in Republicans’ Policy Bill
More medicines will be spared from Medicare price negotiations, a change that is projected to wipe out billions in savings for the federal government.
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Hiring Held Steady in June as Employers Added 147,000 Jobs
The strength of the labor market suggests that the economy remains robust despite uncertainty caused by President Trump’s tariffs and geopolitical turmoil.
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How Trump’s China Tariffs Are Jeopardizing America’s Fireworks Extravaganzas
The pyrotechnics industry relies heavily on Chinese fireworks imports and warns that this could be the last big bang Fourth of July.
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Tax Cuts Now, Benefit Cuts Later: The Timeline in the Republican Megabill
Republicans deferred some of their most painful spending cuts until after the midterm elections.
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Tesla Sales Fall as Elon Musk Focuses on Self-Driving Cars
The company has devoted resources to autonomous driving rather than developing new models to attract car buyers.
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How Republican E.V. Cuts Could Put U.S. Carmakers Behind China
China’s lead in electric vehicle technology, which is already huge, could become insurmountable if incentive programs are slashed, auto experts and environmentalists say.
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Solar Industry Says Republican Policy Bill Would Cede Production to China
A revival of U.S. solar panel manufacturing that began during the first Trump administration could end with the phasing out of tax incentives for clean energy.
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Paramount to Pay Trump $16 Million to Settle ‘60 Minutes’ Lawsuit
President Trump sued Paramount over a “60 Minutes” interview with his opponent, former Vice President Kamala Harris.
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What Are SNAP Benefits and What Might Change?
President Trump’s policy bill would make significant cuts to the food aid program, once known as food stamps, used by about 42 million people.