The Trump administration issued a formal veto threat Monday morning regarding a bipartisan resolution that would terminate the president’s emergency

The White House is now negotiating trade deals with dozens of countries after President Donald Trump paused the worst of his sweeping tariffs for 90 days, with negotiators from Japan visiting the White House on Wednesday, as foreign countries suggest the pause will give them breathing room as they seek to reach deals with the Trump administration.

The Trump administration issued a formal veto threat Monday morning regarding a bipartisan resolution that would terminate the president’s emergency powers underpinning his sweeping global tariffs. The Senate is set to vote as early as this week on a resolution to rescind Trump’s national emergency declaration justifying the imposition of broad

Treasury Secretary Scott Bessent said President Trump will not reduce tariffs on China without an agreement by both governments to de-escalate their trade conflict.

President Trump floated a new income tax cut on Sunday as a way to mitigate the impact of his sweeping tariffs, which polls show Americans increasingly believe will lead to higher prices. “When Tariffs cut in,

Donald Trump proposes using tariff revenues to offset federal income taxes, suggesting a potential elimination for those earning under $200,000.

The Trump administration would look at lowering tariffs on imported Chinese goods pending talks with Beijing, a source familiar with the matter said on Wednesday, adding that any action would not be made unilaterally.

Chinese President Xi Jinping has announced a new plan to counter the tariffs imposed by the Trump administration.