On April 9, President Donald Trump gave the world a three-month window to negotiate trade deals with the United States or face higher “reciprocal” tariffs. With just five days remaining in that tariff moratorium, the White House is expected to begin delivering a message to a dozen or so countries: Time is up, and here’s your new tariff rate.

US President Donald Trump said his administration will probably start notifying trading partners Friday of the new US tariff on their exports effective Aug. 1, while reiterating a preference for simplicity over complicated negotiations five days before his deadline for deals.

President Donald Trump's second term economic plan can be summed up in one word: tariffs. As his barrage of import taxes went into overdrive in recent months, markets trembled and business leaders sounded alarms about the economic damage they would cause.

The Republican-controlled U.S. House of Representatives on Thursday advanced President Donald Trump's sweeping tax-cut and spending bill, a procedural step setting the stage for possible passage of the legislation in a vote expected later in the day.

Republicans muscle Trump's. July 3, 2025. President Donald Trump 's tax-cut legislation cleared its final hurdle in the U.S. Co