Donald Trump

Trump closes tariff loophole on cheap online goods from China

President Donald Trump has closed a tariff loophole that allowed Chinese e-commerce giants like Shein and Temu to sell low-cost goods in the U.S. without paying duties — a move that is expected to drive up prices for American consumers.

Trump's tax cuts: Where we stand

Treasury Secretary Scott Bessent says a tax bill that will extend the Tax Cuts and Jobs Act of 2017, put in place during President Donald Trump's first term, is on pace to be completed by July,