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Trump Takes Reins on U.S. Economy With Policy Bill and Tariffs Renewal

President Trump has achieved much of his agenda, leaving the fate of the economy squarely in his hands.

© Haiyun Jiang/The New York Times

President Trump has forged ahead with the grand and potentially disruptive economic experiment that he previewed during the 2024 campaign.

Trump Tariff Letters: See the Latest Rates and Countries Affected

President Trump has told 21 countries that they will face tariffs of at least 20% on Aug. 1 if they don’t reach agreements by then.

© The New York Times

Trump Revives Trade War, Threatening Steep Aug. 1 Tariffs on Allies

President Trump said Japan and South Korea would face tariffs of 25 percent unless they reached an agreement with the United States. Other countries received notice of higher levies.

© Michael A. McCoy for The New York Times

President Trump is continuing to impose or threaten tariffs on Japan’s and South Korea’s major exports, including cars, steel and electronics.

Trump Revives Trade War, Threatening Steep Aug. 1 Tariffs on Allies

President Trump said Japan and South Korea would face tariffs of 25 percent unless they reached an agreement with the United States. Other countries received notice of higher levies.

© Michael A. McCoy for The New York Times

President Trump is continuing to impose or threaten tariffs on Japan’s and South Korea’s major exports, including cars, steel and electronics.

Senate Republicans Ready Vote on Tax Bill, Still Awaiting Its Final Cost

Economists have estimated that previous versions of the bill could add trillions to the national debt, but many haven’t had the chance to review the latest Senate version.

© Kent Nishimura for The New York Times

The Senate majority leader, John Thune, on Friday. The hasty pursuit of a vote is designed to satisfy President Trump’s self-imposed July 4 deadline to finalize the bill.

Senate Republicans Reprise Push to Pay for Tax Cuts by Slashing Food Stamps

Party lawmakers have devised a way around an earlier procedural roadblock to their safety-net cuts.

© Erin Schaff/The New York Times

Economists have found the Republicans’ signature legislation is likely to deliver great benefits to the rich while taking away benefits like food aid from the poor.

Some Republicans Join Democrats in Unease Over White House Budget Cuts

President Trump has sought to claw back funds for public broadcasting and foreign aid, sparking a fierce debate over the power of the purse.

© Anna Rose Layden for The New York Times

As the leader of the Office of Management and Budget, Russell T. Vought has sought sweeping changes.

Trump Confronts Potential for High Oil Prices After Iran Strikes

President Trump, aware of how high gas prices could affect his popularity, demanded on social media that the U.S. “KEEP OIL PRICES DOWN.”

© Eric Lee for The New York Times

A spike in energy costs could prove especially difficult for American consumers and businesses this summer.
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