House Speaker Mike Johnson is racing to draft a package of tax breaks and spending cuts being pushed by President Donald Trump.

Trump and his aides have sent mixed signals about an idea that runs counter to decades of Republican orthodoxy.

In a wide-ranging interview, Stephen Miran, the chair of President Trump’s Council of Economic Advisers, said, “Volatility doesn’t necessarily mean anything greater for the long term.”

President Donald Trump and Prime Minister Keir Starmer lauded the deal between the longtime allies as beneficial for both countries.

The U.S. and China have resumed crucial tariff talks that have put the global economy on edge, but appeared to have diverging views of where the negotiations presently stand

President Donald Trump says “great progress” was being made in ongoing U.S.-China talks over tariffs menacing the global economy, and even suggested a “total reset” was on the table as tariff negotiat

President Donald Trump on Friday floated cutting tariffs on China to 80% ahead of a weekend meeting as he looks to de-escalate the trade war. Top U.S. officials are set to meet with a high-level Chinese delegation this weekend in Switzerland in the first major talks between the two nations since Trump sparked a trade war with stiff tariffs on imports.