Reaching a pact with China remains unfinished business for U.S. President Donald Trump, who has already upended the global trading system by slapping double-digit taxes – tariffs – on almost every country on earth. Reaching a pact with China remains unfinished business for U.S. President Donald Trump, who has already upended the global trading system…
President Trump on Friday said he’s considering issuing rebate checks for Americans based on the billions in new tariff revenue collected by his administration. “We’re thinking about a little rebate. But the big thing we want to do is pay down debt. But we’re thinking about a rebate,” Mr. Trump said in comments to reporters…
U.S. President Donald Trump meets with Philippine President Ferdinand Marcos Jr. (not pictured), in the Oval Office at the White House in Washington, D.C., U.S., July 22, 2025. Kent Nishimura | Reuters President Donald Trump on Tuesday said the administration is considering ending capital gains taxes on home sales to boost the housing market. When…
Health care premiums expected to rise for Affordable Care Act enrollees – CBS News Watch CBS News People who get their health insurance through the Affordable Care Act are expected to see a significant spike in their premiums next year because of several factors, including an end to certain tax credits. Dr. Jon LaPook explains….
Millions of taxpayers could see a lower tax bill next year due to the so-called “big, beautiful bill” that was signed into law on July 4 by President Trump, with a recent analysis finding that every income group will see some savings. On average, taxpayers will save about $2,900 per household in 2026, according to…
Millions of car buyers in the U.S. could soon get some tax relief thanks to a provision in the so-called “big, beautiful bill” that was signed into law on July 4 by President Trump. The idea of giving a tax break for auto purchasers was first floated by Mr. Trump while on the campaign trail…
European markets mostly fell Monday as investors digested President Trump’s latest trade war salvos, which saw him threaten to hit the European Union and Mexico with 30% tariffs starting on August 1. Mr. Trump’s threat came after a series of announcements last week that included warnings of a possible 50% levy on all copper imports…
Brazilian President Luiz Inácio Lula da Silva said Thursday that he would impose retaliatory tariffs on the United States if President Donald Trump follows through on a pledge to boost import taxes by 50% over the South American country’s criminal trial against his predecessor, Jair Bolsonaro. Lula said he would trigger Brazil’s reciprocity law approved…
As Congress was approving President Trump’s “big, beautiful bill” on Thursday, the Social Security Administration touted the legislation by stating that it “eliminates federal income taxes on Social Security benefits for most beneficiaries.” That claim, which echoes previous promises by Mr. Trump to remove taxes on Social Security, may have come as welcome news for the millions…
WASHINGTON (AP) — At some 940-pages, the legislation is a sprawling collection of tax breaks, spending cuts and other Republican priorities, including new money for national defense and deportations. Now it’s up to Congress to decide whether President Donald Trump’s signature’s domestic policy package will become law. Trump told Republicans, who hold majority power in…