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  • Tony Romm

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Lawsuit Challenges Trump’s Legal Rationale for Tariffs on China

A nonprofit group said the president misapplied a law in imposing those levies and portrayed its filing as the first lawsuit to challenge the Trump...

As Trump Tariffs Loom, White House Eyes Costly Farmer Bailouts

The Trump administration has discussed providing financial aid for farmers who may be subject to retaliation by America’s trading partners.

Russell Vought, Trump’s Budget Chief, Wants to Cut ‘Woke’ Spending

Russell T. Vought, leader of the Office of Management and Budget, aims to marry extreme austerity with his Christian values.

US Debt Will Mean ‘Significant Risks’ for Economy, Budget Office Says

Debt as a share of the U.S. economy will reach 118% in 2035, the Congressional Budget Office said on Thursday.

Trump Floats Chinese Tariff Cuts in Exchange for TikTok Deal

The social media app could shut down on April 5 unless it is sold to a new non-Chinese owner. Mr. Trump issued an order delaying...

Trump Primed to Clash With Fed After Key Rate Decision

Tariffs are at the heart of the tension between the White House and the central bank.