With the passage of deep tax cuts late last year, annual U.S. budget deficits are expected to balloon over the next decade, the nonpartisan Congressional Budget Office said Monday. The independent financial scorekeeper said that the long-term U.S. debt, now more than $21 trillion, could soar to more than $33 trillion by 2028, with increasing […]
President Donald Trump called the raid on his personal lawyer Michael Cohen’s office “a disgraceful situation,” an “attack on our country” and a “whole new level of unfairness.” “It’s a total witch hunt,” the president said at the start of a meeting with senior military leadership Monday. “I’ve been saying it for a long time. […]
WASHINGTON — U.S. President Donald Trump on Monday decried “stupid trade” with China, contending that U.S. automakers are hurt by hefty tariffs on their exports while the U.S. imposes a much smaller tax on imported Chinese vehicles. “When a car is sent to the United States from China, there is a Tariff to be paid of […]
President Donald Trump predicted Sunday there would be a resolution of the U.S.-China standoff on tariffs on hundreds of billions of dollars of goods the world’s two biggest economies are threatening to impose on each other. The U.S. leader said, without offering any direct information, that “China will take down its Trade Barriers because it […]