U.S. trade fell sharply as President Trump’s global tariffs began to weigh on imports.
Category: United States Politics and Government
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How Hard Will Musk Fight Republicans’ Budget Bill?
The tech mogul is urging followers to pressure lawmakers to “KILL THE BILL,” potentially undermining a key plank of President Trump’s domestic agenda.
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Procter & Gamble to Cut 7,000 Jobs Amid Tariff Uncertainty
The reductions will come over two years as the consumer products giant seeks to reorganize.
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Biden’s I.R.S. Doubled Audits on the Wealthy, Data Shows
At the same time, the audit rate for those making under $500,000 declined slightly in 2024, fulfilling a promise by the Biden administration.
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Trump Travel Order Bans People From 12 Countries From Entering U.S.
The travel ban revives an effort from President Trump’s first term that led to chaos and court battles.
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U.S. Is Trimming Back Its Collection of Consumer Price Data
The cutbacks would have “minimal impact,” the government said, but economists warned of reduced confidence in inflation data produced by a struggling statistical system.
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Republicans Try to Discredit Experts Warning About the Cost of Tax Cuts
President Trump and his allies have united around a new foe: the economists and budget experts who have warned about the costs of Republicans’ tax ambitions.
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Republican Policy Bill Would Add $2.4 Trillion to Debt, Budget Office Says
The estimate from the nonpartisan Congressional Budget Office is all but certain to inflame an already intense debate inside the G.O.P. about the fiscal consequences of their bill to enact President Trump’s agenda.
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Canadian National Parks Offer Alternatives to U.S. Parks
Travelers worried about the effects of budget and staffing cuts at U.S. parks can find alternatives to the north. Here are five of the best.
