The Republican-controlled U.S. House of Representatives will try again on Thursday to pass a measure to move forward on extending President Donald Trump's tax cuts, following a delay caused by party hardliners concerned the measure does not cut spending enough.

House Speaker Mike Johnson finds himself in a familiar jam, with conservative Republican holdouts stalling action on President Donald Trump’s “big” bill of tax breaks and spending reductions

Despite a shove from President Donald Trump, House Republicans abruptly postponed a vote late Wednesday on their budget framework, unable to convince conservative GOP holdouts who had raised grave misgivings over allowing trillions of dollars in tax breaks without deeper spending cuts.

The global economy appeared to be in open rebellion against President Donald Trump's tariffs as they took effect Wednesday. Business executives are warning of a potential recession caused by his policies,

President Donald Trump's "reciprocal" tariffs on dozens of countries were set to take effect on Wednesday, including massive 104% duties on Chinese goods, deepening his global trade war even as he prepared for negotiations with some nations.

US President Donald Trump’s sweeping new tariffs have gone into full effect. When Mr Trump announced the latest round of tariffs on April 2, he declared that the US would now tax nearly all of America’s trading partners at a minimum of 10% – and impose steeper rates for countries that he says run trade surpluses with the US.

House Republicans are moving to turn off Democrats’ ability to force a vote on rescinding the sweeping global tariffs imposed by President Trump as part of his “Liberation Day” announcement. Language tucked into procedural rule legislation setting up debate on an unrelated matter — the budget resolution blueprint for Trump’s legislative agenda — removes

In a stunning reversal, U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending global stocks rocketing higher.

By declaring a trade war on the rest of the world, President Donald Trump has panicked global financial markets, raised the risk of a recession and broken the political and economic alliances that made much of the world stable for business after World War II.