Fact Sheet: The United States and European Union Reach Massive Trade Deal

MAKING GLOBAL HISTORY: Yesterday, President Donald J. Trump announced a trade deal with the European Union (EU), fundamentally rebalancing the economic relationship between the world’s two largest economies. The deal marks a generational modernization of the transatlantic alliance and will provide Americans with unprecedented levels of market access to the European Union. The deal bolsters

White House Considers ‘Pocket Rescissions’ to Sidestep Congress: What to Know

Director of the Office of Management and Budget Russ Vought testifies on Capitol Hill in Washington on June 25, 2025. Madalina Kilroy/The Epoch Times President Donald Trump’s administration is considering a move, called a “pocket rescission,” that would effectively rescind federal funding and potentially bypass congressional approval, Office of Management and Budget Director Russ Vought