Economic Policies

The former senator has ‘heavy work cut out’ for him, says the Senate Committee on Foreign Relations chairman.

Automakers welcome the president’s flexibility on auto tariffs.

Beijing’s insistence on the lack of tariff negotiations with Washington has sparked speculation about what might be unfolding behind the scenes.

The Treasury secretary said the new ‘x date’ to force a debt limit increase will be determined once tax receipts are fully collected.

‘Debt doesn’t go away; it gets transferred to others,’ Education Secretary Linda McMahon said.

The proposed regulations are open to a 45-day public comment period, ending on June 9.

Zelenskyy had resisted earlier versions of the minerals deal, citing the absence of firm security guarantees for Ukraine.

Farmers feel sidelined by policies influenced by environmental and animal welfare activists.

Kirsty Blackman said the UK could experience a skills shortage, which might impact the government’s plans to expand the renewable energy sector.

The White House has confirmed that tariff exemptions for automakers are being considered, amid concerns over their economic impact.

‘They all want to make deals,’ President Trump said. ‘But they’re going to be fair deals. They’re not going to be rip-off deals.’

Federal Reserve Gov. Adriana Kugler said the Fed should keep rates steady as inflation remains elevated and new tariffs raise fresh risks.

‘America First does not mean America alone,’ the Treasury secretary said in prepared remarks.

Dutton says the Coalition will fund its defence plan by axing Labor’s recurring spending, including the stage-three tax cuts.

IMF has cut Australia’s 2025 growth forecast to 1.6 percent, down from 2.1 percent.

Trump echoed his stance that China and other countries are going to want to make a deal with the United States.

Treasury Secretary Scott Bessent was also optimistic that U.S.–China trade tensions will diminish.

Executives from Walmart, Target, Lowe’s, and Home Depot are expected to take part in the meeting.

India’s heavy industries minister welcomed the tariffs as a way to protect the country’s domestic steel industry.

The company said the suspension is temporary.