U.S. and China agree to 90 day tariff pause
In Geneva, the United States and China announce a 90 day tariff reduction plan to restart trade. Jamieson Greer and Scott Bessent say the 145 percent US levy drops to 30 percent and China cuts its tariff on US goods to 10 percent, with talks to continue. The move tempers tensions but leaves broader disputes unresolved and markets buoyant.
MENTIONED IN THIS ARTICLE
Geneva
United States
China
Donald Trump
Beijing
Washington
U.S
Trump
Jamieson Greer
Greer
Treasury
Scott Bessent
Bessent
United Nations
Lake Geneva
America
Joe Biden
Commerce Ministry
House GOP Targets Energy Credits and Climate Spending
House Republicans seek to claw back billions from Biden era climate and energy programs including clean energy tax credits. The plan aims to reverse Inflation Reduction Act funding, with critics warning of higher emissions and more oil and gas activity on public lands. Committees plan a budget reconciliation discussion amid broad spending cuts and hearings.
MENTIONED IN THIS ARTICLE
Washington
House
Joe Biden
United States
House Committees On Energy and Commerce and
Ways and Means
Mike Johnson
Donald Trump
GOP
Brett Guthrie
Kentucky
House Energy and Commerce Panel
Wall Street Journal
Guthrie
Trump
Congress
Mately
White House
Biden
Lena Moffitt
Evergreen Action
Alexandra Adams
Natural Resources Defense Council
Energy and Commerce
U.S
House Republicans unveil big Trump tax cut bill with Medicaid cuts
The House GOP releases a plan aiming for 880 billion in savings largely from Medicaid to fund 4.5 trillion in tax breaks, sparking a fierce partisan battle. Democrats warn that millions will lose coverage while Republicans defend waste fraud and abuse reductions and eligibility changes.
MENTIONED IN THIS ARTICLE
Washington — House
Donald Trump
Trump
Congressional Budget Office
Brett Guthrie
Kentucky
GOP
Energy and Commerce Committee
Frank Pallone
New Jersey
Also Mentioned on This Page
Jamey Keaton
David Mchugh
Elaine Kurtenbach
Ken Moritsugu
Associated Press
Hays
Kansas
DEMS
Josh Hawley
Missouri
Tttiyar
Elie
PVR
Acoa
Medina
Ohio
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