House Republican to Introduce Bill Increasing Congress’s Authority on Tariffs

The bill faces long odds to passage in Washington, currently dominated by Republicans who back the president. Rep. Don Bacon (R-Neb.) will introduce legislation in the lower chamber that would increase Congress’s authority over tariff policy in response to President Donald Trump’s recent imposition of substantial new import duties. The legislation—already introduced in the upper

Musk Hopes for ‘Zero Tariff Situation’ Between US, Europe

The Tesla CEO also advocated for the free movement of people between the two regions. Tech entrepreneur and special adviser to the president, Elon Musk, said Saturday that he wants zero tariffs between the United States and Europe, days after the Trump administration implemented broad duties on countries around the world. Speaking to Italian Deputy

Treasury Secretary Rejects Idea Recession Is Inevitable in Relation to Tariffs

‘Who knows how the market is going to react in a day, in a week?’ he asked. Department of Treasury Secretary Scott Bessent on Sunday questioned concerns that the U.S. economy will enter a recession in the near future following President Donald Trump’s announcement that nearly every country in the world will face tariffs. Trump

White House Official Says More Than 50 Countries Reached Out About Tariffs

‘They’re doing that because they understand that they bear a lot of the tariff,’ Kevin Hassett said. A top White House economic adviser said Sunday that more than 50 countries have contacted the Trump administration to initiate negotiations over a broad swath of tariffs that were announced last week on nearly every nation in the

White House Official Says More Than 50 Countries Reached Out for Tariff Talks

‘They’re doing that because they understand that they bear a lot of the tariff,’ Kevin Hassett said. A top White House economic adviser said on April 6 that more than 50 countries have contacted the Trump administration to initiate negotiations over a broad swath of tariffs that were announced in the first week of April

Netanyahu to Seek Tariff Relief in Meeting With Trump

Trump’s latest tariff rollout could affect Israel’s machinery and medical equipment exports, an Israeli finance ministry official said on Thursday. Israeli Prime Minister Benjamin Netanyahu said on April 6 that he is hoping President Donald Trump will reduce tariffs levied on Israel when the two meet in Washington this week. Trump announced baseline and reciprocal