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Trump’s tariff ‘medicine’ hammers markets as Europe gropes for response

By Trevor Hunnicutt, Leika Kihara and Andreas Rinke ABOARD AIR FORCE ONE/TOKYO/BERLIN (Reuters) -U.S. President Donald Trump’s sweeping tariff plans hammered global financial markets on Monday after he warned foreign governments they would have to pay “a lot of money” to lift the levies that he ...
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US House Republicans face divide as they look to move ahead on Trump tax cuts

By Bo Erickson WASHINGTON (Reuters) -Top Republicans in the U.S. House of Representatives plan to move forward this week on President Donald Trump’s tax cuts, but their caucus is divided with some members concerned that there are insufficient spending cuts in the budget blueprint passed ...
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DOGE slashes key housing inspection contract, putting some low-income families at risk

(WASHINGTON) -- A contract to inspect low-income and other assisted housing for gas leaks, faulty smoke detectors and other life-threatening deficiencies was terminated by the Trump administration in February as part of its cost-cutting efforts, according to a Department of Government Efficiency database, potentially ...
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Speaker Johnson cuts deal with Rep. Luna over parental proxy voting

(WASHINGTON) -- Speaker Mike Johnson and Florida GOP Rep. Anna Paulina Luna say they have cut a deal to end the fight over proxy voting for new parents, which will re-open the House floor after nearly a week of legislative paralysis.House Republican leaders will ...
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Democrats hammer Trump for his weekend of golf as stocks tumble

(JUPITER, FL) -- As markets braced for another meltdown triggered by President Donald Trump's sweeping tariffs, Democrats hammered the president for spending the weekend golfing rather than responding to Americans' fears that their retirement accounts are plummeting with the markets.Trump left Washington, D.C., for ...
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Sen. Booker: Biggest mistake Democratic Party has made is ‘not centering people enough’

(WASHINGTON) -- The biggest mistake Democrats have made is “not centering people enough” Sen. Cory Booker, D-N.J., said Sunday.“A lot of people voted for Donald Trump because they trusted him and didn't trust that Democrats could deliver for them,” Booker told ABC “This Week” ...
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Trumps top economic adviser says 50 countries have reached out to negotiate tariffs

(WASHINGTON) -- White House National Economic Council Director Kevin Hassett defended President Donald Trump's tariffs on Sunday, refuting the idea they will cost American consumers more.“So, the fact is, the countries are angry and retaliating and, by the way, coming to the table. I ...
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Trump, asked about markets, says sometimes you have to ‘take medicine’

By Trevor Hunnicutt ABOARD AIR FORCE ONE (Reuters) -U.S. President Donald Trump on Sunday said that sometimes you have to take medicine when asked about falling markets, adding that he was not intentionally engineering a market selloff. “I don’t want anything to go down, but ...
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The Media Line: Netanyahu Heads to Washington After Hungary Visit, Plans Talks With Trump on Hostages, Tariffs, and Iran 

Netanyahu Heads to Washington After Hungary Visit, Plans Talks With Trump on Hostages, Tariffs, and Iran  By The Media Line Staff  Israeli Prime Minister Benjamin Netanyahu traveled to Washington on Sunday following a four-day visit to Hungary, where he held talks with Prime Minister Viktor Orbán ...
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Over 50 nations want to start trade talks with US after tariffs, Trump officials say

By Douglas Gillison, Ted Hesson, Kanishka Singh and Susan Heavey WASHINGTON (Reuters) -More than 50 nations have reached out to the White House to begin trade talks since U.S. President Donald Trump rolled out sweeping new tariffs, top officials said on Sunday as they defended ...
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Protesters tee off against Trump and Musk in ‘Hands Off!’ rallies across the US

Crowds of people angry about the way President Donald Trump is running the country marched and rallied in scores of American cities Saturday in the biggest day of demonstrations yet by an opposition movement trying to regain its momentum after the shock of the ...
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IRS plans to cut up to 25% of workforce in next round of layoffs

(WASHINGTON) -- The IRS started a new round of layoffs on Friday beginning with the agency's Office of Civil Rights and Compliance, according to an email obtained by ABC News.Overall, the agency is planning to cut nearly a quarter of its workforce with the ...
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