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The United States’ loss of its last triple-A credit rating and mounting concerns about government debt are threatening to disrupt the relative calm in financial markets that has prevailed since President Trump began pausing tariffs early last month. One factor jarring markets is a bill in Congress that would make Mr. Trump’s signature 2017 tax…
When President Trump shook hands with Syria’s new leader and promised to lift sanctions on his country at the Saudi royal palace this week, it was a vivid demonstration of how the president’s Middle East diplomacy has all but sidelined Israel. “Tough guy, very strong past,” Mr. Trump said about President Ahmed al-Shara, who once…
It was May 2019 and national security officials were in the Situation Room discussing Iran when President Trump abruptly changed the subject. He wanted to talk about granting asylum and citizenship to white South African farmers. Mr. Trump had floated the idea before, claiming that the farmers were a persecuted minority group being displaced from…
The strategy is an old one for Republicans: Cut taxes for a few years, avoiding the need to account for their cost over the long term, and bet that the reductions become popular enough that Congress will later vote to continue them. The tax bill that Republicans are now putting together on Capitol Hill takes…
It takes at least two countries to make a deportation happen: one to send deportees and one to receive them. Typically, the receiving country agrees to take back its own citizens, but the Trump administration is developing other options. The U.S. has sent hundreds of deportees, most of whom appear to be Venezuelans, to El…
Earlier this month, President Trump closed a longstanding loophole that had allowed a flood of inexpensive Chinese goods to be mailed to the United States without any tariffs. Starting on May 2, those packages faced a tariff of 120 percent or a $100 flat fee. After the United States and China agreed this week to…
As Sheikh Tamim bin Hamad al-Thani, the emir of Qatar, hosts President Trump in Doha on Wednesday, it will be the culmination of a successful charm offensive by the Gulf emirate that now appears likely to include the promise of a luxury jetliner to Mr. Trump — with no strings attached. The president, who has…
As he called to order a marathon committee session to consider Medicaid cuts and other critical pieces of Republicans’ sweeping domestic policy bill, Representative Brett Guthrie of Kentucky surveyed a packed hearing room on Tuesday afternoon and asked for a respectful debate. “I know we have deep feelings on these issues, and we may not…
Burberry, the British fashion brand known for its trench coats and signature checkered print, said on Wednesday that it would slash up to 1,700 jobs in a bid to cut costs as it tries to return to profit after a period of poor sales in an increasingly volatile luxury sector. The job cuts, which represent…
President Volodymyr Zelensky of Ukraine appealed to President Trump on Tuesday to meet him this week for peace talks, saying it would put pressure on President Vladimir V. Putin of Russia to attend, but he cast doubt on Mr. Putin’s desire for either talks or peace. The Kremlin on Tuesday declined to say whether Mr….
