The bill proposes sweeping changes, including Trump’s 2017 tax cuts and enacting deep cuts to social programmes.
Republicans have proposed the remittance tax as part of a broader push to crack down on undocumented immigration.
Walmart is a bellwether of US consumer health and its statement is a signpost of the impact of the trade war.
As Vladimir Putin rejects Volodymyr Zelenskyy’s proposal for a face-to-face meeting, the EU is readying penalties.
![European Commission President Ursula von der Leyen, right, speaks with Ukraine's President Volodymyr Zelenskyy as they arrive for an EU Summit at the European Council building in Brussels, Belgium [File: Omar Havana/AP Photo]](https://www.aljazeera.com/wp-content/uploads/2025/03/AP25065400301435-1741274446.jpg?resize=570%2C380&quality=80)
Trump’s policies have roiled global markets and left businesses stumped on how to plan for the foreseeable future.
US small businesses are being financially stressed by Trump’s tariffs amidst already slim margins.
Statistics Canada showed an unemployment rate of 6.9 percent, with most cuts in the manufacturing sector.
The deal marks the first trade agreement by the US since President Donald Trump imposed a universal 10-percent tariff.
US Federal Reserve Chair Jerome Powell said that Donald Trump’s tariffs are creating “a great deal of uncertainty.”
![US Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting at the Federal Reserve in Washington, DC, on May 7, 2025.[Brendan Smialowski/AFP]](https://www.aljazeera.com/wp-content/uploads/2025/05/image-1746649552.jpg?resize=270%2C180&quality=80)
New data show both imports and exports with US fall as Canada expands trading relationships with other countries.
The budget carrier said it might cancel 330 737 Max orders due to rising costs brought on by tariffs
Stellantis, Mercedes-Benz, and Volkswagen join GM and Volvo, who suspended guidance earlier this week.
Trump said he restored free speech, dubbed surveys as ‘fake’ and claimed fuel prices were down.
The White House calls the decision ‘hostile’ as the e-commerce giant denies any proposal is under consideration.
