INSIDER
U.S. President Donald Trump says the U.S. has signed an agreement with China on trade and expects to soon have a deal with India.
Congressional Republicans agreed to remove the so-called revenge tax provision from President Donald Trump’s big bill Thursday after Treasury Secretary Scott Bessent asked members of Congress to do so earlier in the day.
President Donald Trump’s tax and budget bill would increase deficits by $2.8 trillion over the next decade after factoring in other economic effects.
Senate Republicans are proposing deeper Medicaid cuts, including new work requirements for parents of teens, as a way to offset the costs of making President Donald Trump’s tax breaks more permanent.
Former congressman Billy Long of Missouri has been confirmed to lead the Internal Revenue Service, an agency he once sought to abolish.
The U.S. Treasury Department on Tuesday imposed sanctions on a major Palestinian legal group for prisoners and detainees along with five other charitable entities across the Middle East, Africa and Europe, accusing them of supporting Palestinian armed factions and militant groups, including Hamas’ military wing, under the pretense of humanitarian aid in Gaza.
Chinese state media say that the U.S. and China have agreed in principle on a framework to carry out an agreement they reached on resolving their trade disputes last month.
The U.S. imposed sanctions on the two fugitive sons of incarcerated Mexican Sinaloa Cartel leader Joaquin “El Chapo” Guzman and announced a reward offer of up to $10 million each for information leading to the arrest or conviction of the sons.
High-level delegations from the United States and China are meeting in London to try and shore up a fragile truce in a trade dispute that has roiled the global economy.
Senior U.S. administration officials will meet with a Chinese delegation on Monday in London for the next round of trade negotiations between Washington and Beijing, President Donald Trump said Friday.
When he first ran for office, Donald Trump seemed like he could be a new kind of Republican when it came to LGBTQ+ rights.
The U.S. declined to label China a currency manipulator in a new Treasury report, but accuses Beijing of standing out among America’s major trading partners for lacking transparency.
President Donald Trump says his first conversation with Chinese leader Xi Jinping since returning to the White House had a “very positive conclusion," announcing the two countries will hold trade talks in hopes of breaking an impasse over tariffs and global supplies of rare earth minerals.
President Donald Trump wants his “big, beautiful” bill of tax breaks and spending cuts on his desk to be signed into law by Independence Day.
President Donald Trump faces the challenge of convincing Republican senators, global investors, voters and even Elon Musk that he won’t bury the federal government in debt with his multitrillion-dollar tax breaks package.
The nation's public television service, PBS, has filed suit against President Donald Trump's executive order that it be stripped of federal funding.
President Donald Trump said Friday that he will no longer be “Mr. NICE GUY” with China on trade, declaring in a social media post that the country had broken an agreement with the United States.
President Donald Trump’s big plans on trade, deportations and more are running up against the laws of political gravity and the separation of powers.
The United States has imposed sanctions on two members of the Mexican drug trafficking organization Cartel del Noreste, the Northeast Cartel, which was formerly known as Los Zetas.
Treasury Secretary Scott Bessent has acknowledged that Walmart, the largest U.S. retailer, may pass along some of the costs from President Donald Trump’s tariffs to its shoppers through higher prices.
While U.S. President Donald Trump has talked of victory after reaching a weekend deal with China to reduce the sky-high tariffs levied on each others’ goods, businesses in China are reacting to the temporary deal with a cautious wait and see approach.
President Donald Trump has signed an executive order meant to try to lower drug costs for American consumers.
U.S. and Chinese officials say they have reached a deal to roll back most of their recent tariffs and call a 90 day pause so they can keep talking to resolve their trade disputes.
U.S. stocks rallied after China and the United States announced a 90-day truce in their trade war.
The lead U.S. negotiator in trade talks with China cheered “a great deal of productivity” in resolving differences between the world’s two leading economic powers, after officials wrapped two days of bargaining in Switzerland following President Donald Trump imposing steep tariffs and Beijing retaliating.
Before high-level U.S. and Chinese officials hold talks in Switzerland this weekend to discuss high tariffs, Washington and Beijing have been in a rhetorical duel over which side reached out first.
U.S. stocks drifted to a mixed finish as Wall Street and other financial markets wait for a highly anticipated meeting on Saturday between China and the United States on trade.
China has reported that its exports rose 8% in April from the year before, much faster than most economists had been expecting.
The more President Donald Trump talks about his efforts to reach deals with America’s trading partners, the more confusing the tariff picture gets.
A federal judge has found the Trump administration can’t deport migrants to Libya unless they have a meaningful chance to challenge their removal in court.
Top U.S. officials are set to meet with a high-level Chinese delegation this weekend in Switzerland.
The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of higher unemployment and higher inflation have risen.
U.S. President Donald Trump and Canadian Prime Minister Mark Carney faced off in the Oval Office on Tuesday and showed no signs of retreating from their gaping differences in an ongoing trade war that has shattered decades of trust between the two countries.
The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite harsh criticism from President Donald Trump and his demand that the Fed reduce borrowing costs.
The Trump administration has imposed economic sanctions on three Mexican nationals and two Mexico-based entities involved in a drug trafficking and fuel theft network that's linked to Mexico’s Jalisco New Generation Cartel.
After months of tense negotiations, the U.S. and Ukraine have signed a deal that is expected to give Washington access to the country’s critical minerals and other natural resources.
U.S. stocks bounced back from steep early losses to end mixed, continuing their wild swings amid uncertainty about what President Donald Trump’s trade war will do to the economy.
American businesses are cancelling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on them next.
The White House says President Donald Trump will sign executive orders Tuesday to relax some of his 25% tariffs on automobiles and auto parts.
For President Donald Trump's administration, the numbers on executive orders, deportations, reductions in the federal workforce and tariffs in his first 100 days back in the White House point toward a renewed America.
U.S. stocks rose again as stronger-than-expected profits keep piling higher for companies, though CEOs say they’re unsure how long that can last due to uncertainty around President Donald Trump’s trade war.
The Kremlin has declared a 72-hour ceasefire in Ukraine next week as Russia marks Victory Day in World War II.
China's leaders have shrugged off the potential impact from U.S. President Donald Trump's trade war, saying they have the tools needed to protect jobs and limit damage from higher tariffs on Chinese exports.
U.S. stocks drifted to a mixed, quiet finish ahead of a week with several potential flashpoints that could bring more sharp swings for financial markets.
As President Donald Trump's trade war has injected turmoil in financial markets, many retired and near-retired Americans are anxiously looking on, worried about outliving their savings or having to put off entries on their bucket lists.
Three House Republicans from Florida with Cuban roots are carefully navigating President Donald Trump’s immigration policies.
The Swiss president says Switzerland is among 15 countries with which the United States plans to conduct “privileged” negotiations to help reach a deal in the wake of sweeping U.S. tariffs on dozens of countries that have shaken global markets.
The head of the International Monetary Fund urged countries to move “swiftly’’ to resolve trade disputes that threaten global economic growth.
An Associated Press-NORC Center for Public Affairs Research poll suggests Americans’ trust in President Donald Trump to bolster the U.S. economy appears to be faltering.
U.S. stocks rallied further as better-than-expected profits for U.S. companies piled up, though CEOs say they’re unsure whether it will last because of uncertainty created by President Donald Trump’s trade war.
Treasury Secretary Scott Bessent has played a balancing act trying to reassure nervous investors that the U.S. would maintain its global leadership role while staying true to the Trump administration’s skepticism of multilateral banking organizations.
Boeing CEO Kelly Ortberg says he doesn’t expect the U.S. trade war with China to get in the way of its its financial recovery and aircraft delivery targets even though Chinese airlines are refusing to accept the company’s planes.
Uncertainty over tariffs and an unpredictable trade war is weighing heavily on companies as they report their latest results and try to give investors financial forecasts.
US stocks are leaping amid a worldwide rally after President Donald Trump said he would not attempt to fire the head of the Federal Reserve and his Treasury Secretary Scott Bessent said he expects a “de-escalation” in what he called an unsustainable tariffs showdown against China.
U.S. Treasury Secretary Scott Bessent said in a Tuesday speech that the ongoing tariffs showdown with China is unsustainable and expects a “de-escalation” in the trade war between the world’s two largest economies.
An IRS agent who testified publicly about investigations into Hunter Biden's taxes and was promoted to be acting IRS commissioner is out of the job just days after he got it.
The new U.S. ambassador to Japan says he is optimistic that his country and its key Asian ally will reach a deal in their ongoing tariff negotiations.
After saying earlier in the day that he was “in no rush” to finish trade deals, President Donald Trump said he thought he could wrap up tariff talks “over the next three or four weeks.”.
Ukrainian officials say Russian forces launched a massive drone attack on the southeastern Ukrainian city of Dnipro, killing three people, including a child.
Most U.S. stocks rose, but the worst drop for UnitedHealth Group in a quarter century kept Wall Street in check.
The Treasury Department has imposed sanctions on a Chinese oil refinery that's accused of purchasing more than $1 billion worth of Iranian oil.
A federal judge on Wednesday said he has found probable cause to hold President Donald Trump’s administration in criminal contempt of court for violating his orders to turn around planes carrying deportees to El Salvador.
Spain’s Prime Minister Pedro Sánchez is visiting China, the top target of U.S. President Donald Trump's tariffs.
President Donald Trump’s new tariffs threaten to push up prices on clothes, mobile phones, furniture and many other products in the coming months.
The Supreme Court on Thursday said President Donald Trump’s administration must facilitate the return of Kilmar Abrego Garcia, a Maryland man who was mistakenly deported to El Salvador, rejecting the administration’s emergency appeal.
It was one week after President Donald Trump’s big tariff announcement when he pulled back from the import taxes he'd imposed on many U.S. trading partners.
Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed off his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125%.
President Donald Trump has shared on Truth Social that he has “authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately.”.
The Internal Revenue Service’s acting commissioner is resigning over a deal to share immigrants’ tax data with Immigration and Customs Enforcement for the purpose of identifying and deporting people illegally in the U.S. Two people familiar with Melanie Krause’s decision confirmed the intended resignation to The Associated Press on condition of anonymity because they were not authorized to speak publicly about it.
The White House is sending mixed messages on tariffs as it pursues conflicting goals, frustrating foreign leaders and business executives who are desperate for clarity on a generational overhaul of international trade.
President Donald Trump’s sharp tariff hikes last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists’ worries that the U.S. could tip into recession.
President Donald Trump said Sunday that he won’t back down on his sweeping tariffs on imports from most of the world unless countries even out their trade with the U.S., digging in on his plans to implement the taxes that have sent financial markets reeling, raised fears of a recession and upended the global trading system.
Republicans in Congress are watching with unease as stock markets tumble in the aftermath of President Donald Trump’s sweeping tariffs.
President Donald Trump says his trade policies will never change despite sending the global economy into a tailspin by announcing tariffs on foreign imports.
Republican senators unveiled a budget proposal that’s central to President Donald Trump’s agenda of tax breaks, spending cuts and border security.
President Donald Trump has announced far-reaching new tariffs on nearly all U.S. trading partners — including a 34% tax on imports from China and 20% on the European Union, among others.
President Donald Trump invited Kid Rock into the Oval Office and signed an executive order that he says will help curb ticket scalping and bring “commonsense” changes to the way live entertainment events are priced.
The U.S. Treasury Department has sanctioned six people and seven companies it said were involved in money laundering for factions of the Sinaloa Cartel.
With technology and AI increasingly used to perpetrate illegal acts, the IRS’ crime fighting arm is announcing a new program intended to improve how it interacts with financial institutions.
