A bipartisan measure to undo Trump's global tariffs fails in the Senate NBC NewsVice President Vance casts tie-breaking Senate vote to kill bipartisan effort to rebuke Trump's trade policy CNNWhitehouse saves Trump from rebuke on tariffs by missing vote for South Korea trip WPRI.com
The U.S. economy contracted in the first quarter of 2025 for the first time in three years, reflecting a surge in imports ahead of President Trump's tariffs and a slowdown in consumer spending.
American businesses are cancelling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on them next.