32 h. ago Did Trump get his ‘Big Beautiful Bill’ at the US dollar’s expense?

The passage of a sprawling budget bill has raised concerns over the long-term debt of the United States, which analysts said could compound already heightened worries over the reliability of the country’s currency as a safe-haven asset. Winning a narrow 218-214 vote in the House of Representatives on Thursday, the “One Big Beautiful Bill Act” – which raises spending on border security and defence while making the record tax cuts enacted in 2017 permanent – now heads to US President Donald Trump...

Politics

36 h. ago Why 'Big, Beautiful Bill' Is Good News For Beijing? Trump's New Move Could Make China Great Again

Why 'Big, Beautiful Bill' Is Good News For Beijing? Trump's New Move Could Make China Great Again - EXPLAINED  Times Now

Politics

48 h. ago Opinion | How Trump’s ‘Big, Beautiful Bill’ Will Make China Great Again

Opinion | How Trump’s ‘Big, Beautiful Bill’ Will Make China Great Again  The New York Times

Politics

49 h. ago US House passes Trump bill, which heads to White House for president’s signature

The US House of Representatives passed a massive tax-and-spending bill on Thursday that President Donald Trump has sought since returning to the White House, an initiative that fundamentally revamps government spending and jeopardises dozens of planned clean energy projects with ties to China. Passing in a 218 to 214 vote, the sprawling One Big Beautiful Bill Act – which would lock in Trump’s priorities on border and defence financing, and make permanent tax cuts that Congress passed at Trump’s...

Politics

5 d. ago Trump’s budget bill is a debt bomb. Can the ‘Pennsylvania Plan’ defuse it?

With the US Senate voting to move an updated version of US President Donald Trump’s sweeping budget legislation – the “One Big, Beautiful Bill Act” – forward in the legislative process, the controversial bill now comes closer to becoming law. It has also brought the country’s mounting debt back into the spotlight. Rife with spending increases, tax cuts and no additional revenue sources to compensate, the bill has been estimated to add US$3.3 trillion to the nation’s debt over the next decade; a...

Economics

4 w. ago Caught in a bad bromance: Trump and Musk go for the throat – what just happened?

Hours after US President Donald Trump spoke with his Chinese counterpart on Thursday night and shared optimistic remarks about the call on social media, a public feud escalated between him and his biggest political donor. Elon Musk, once Trump’s most high-profile donor and self-proclaimed “first buddy”, lambasted the “big beautiful bill” earlier this week – one of Trump’s key domestic policy initiatives that was recently passed by the House – lighting the fuse on a public fight that quickly...

Politics