The Trump administration is cutting hundreds of thousands of federal jobs to save money. At one federal agency, the cuts may actually cost money.
President Donald Trump’s tariffs plan is likely to create some price hikes, at least in the short term. Car prices are among the most prominent items likely to become more expensive, so Trump is also proposing that taxpayers be able to deduct interest payments on auto loans for domestic cars.
A notice to customers dazzled by the low-priced products on Chinese shopping apps: the days of getting trendy clothing, tools and gag gifts that cost less than lunch delivered to your door in 10 days are probably numbered.
U.S. Senate Republicans are working to pass a budget measure that they need to extend President Donald Trump's 2017 tax cuts -- and potentially cut other taxes -- while bypassing the objections of the chamber's Democrats.
Secretary of State Marco Rubio is in the heart of the European drama after Trump's tariff announcement, on travel to NATO headquarters in Brussels for a ministerial meeting of the alliance.
Senate Republicans are looking to change how extending many of Trump’s 2017 tax cuts would be scored when it comes to future federal deficits. The Congressional Budget Office has projected that extending the cuts would increase deficits by nearly $4 trillion over the coming decade.
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New import taxes imposed or potentially in the offing from the Trump administration could raise the average effective tariff rate on goods coming into the U.S. from the current 2.2% to around 17%, while posing "widespread disruptions" focused on manufacturing industries in Midwestern and Southern states,
WSJ’s Richard Rubin interviews a leading voice among House conservatives who are demanding that big spending cuts be attached to Trump’s ambitious tax cuts.