4 h. ago Canada ‘naive’ over how U.S. would react to digital services tax, observers say

The contentious tax prompted U.S. President Donald Trump to walk away from trade negotiations with Canada

Economics

4 h. ago Solar Firms Surge as Senate Drops Excise Tax From Trump Bill

Shares for solar companies rose on Tuesday on the Senate’s decision to remove an excise tax on wind and solar projects from President Donald Trump’s tax and spending bill.

Economics

5 h. ago Trump’s Tax Bill Passes US Senate as Republicans Notch Major Win

Donald Trump’s $3.3 trillion tax and spending cut bill passed the Senate Tuesday after a furious push by Republican leaders to persuade holdouts to back the legislation and hand the president a political win.

Politics

7 h. ago Senators to Vote to Pass Trump’s Tax Bill After Deal, Thune Says

Senate Majority Leader John Thune said his chamber will soon vote on passage of President Donald Trump’s tax and spending bill after securing enough support to pass the legislation.

Economics

10 h. ago U.S. Senate churns through overnight session as Republicans seek support for Trump’s big bill

WASHINGTON (AP) — The Senate is slogging through a tense overnight session that has dragged into Tuesday, with Republican leaders searching for ways to secure support for President Donald Trump’s big bill of tax breaks and spending cuts while fending off proposed amendments, mostly from Democrats trying to defeat the package. An endgame appeared to […]

Other

10 h. ago Trump reprises Tesla subsidy threat as Musk bashes spending bill

(Bloomberg) — Donald Trump again threatened to withdraw government subsidies from Elon Musk’s companies after the Tesla Inc. chief executive officer ratcheted up his criticism of the president’s tax and spending bill. Trump wrote on Truth Social that Musk “may get more subsidy than any human being in history, by far,” and that without government […]

Other

23 h. ago Senate Republicans Seek to Ease Solar and Wind Tax Credit Cutoff

A group of Senate Republicans is pushing a plan to soften an aggressive planned phase out of subsidies for wind and solar projects under President Donald Trump’s tax-and-spending package.

Economics

24 h. ago Musk Lashes Out at Tax Bill Proponents, Threatens to Unseat Lawmakers

Elon Musk once again threatened to ramp up his political spending, this time targeting nearly every sitting Republican in Congress who has signaled support for President Donald Trump’s multi-trillion dollar tax bill.

Economics

30 h. ago UK Stands by Digital Tax After Canada Bows to Trump Pressure

The UK is currently planning to keep its digital services tax, a person familiar with the matter said, after Canadian Prime Minister Mark Carney scrapped their own levy to restart trade talks with President Donald Trump’s administration.

Economics

30 h. ago White House confirms U.S. will restart trade talks with Canada

OTTAWA — White House adviser Kevin Hassett says the U.S. will immediately restart trade talks with Canada, after Prime Minister Mark Carney eliminated Canada’s digital services tax. President Donald Trump suspended talks with Canada on Friday over the tax. More coming.

Economics

34 h. ago Canada to rescind digital services tax to revive U.S. trade talks

The federal government said it will rescind the digital services tax "in anticipation" of coming to a trade deal with the U.S., following President Donald Trump cutting off talks.

Economics

34 h. ago End of Digital Services Tax a win for consumers: advocacy group

The contentious tax prompted U.S. President Donald Trump to walk away from trade negotiations with Canada

Economics

34 h. ago Canada cancelled its digital services tax. What was it and why did the U.S. hate it?

Here's a brief look at what the tax was about and why Trump made such a drastic move to try and kill it

Economics

42 h. ago Canada Drops Digital Tax That Infuriated Trump to Restart Trade Talks

Canada has withdrawn its digital services tax on technology companies such as Meta Platforms Inc. and Alphabet Inc. in a move to restart trade talks with the US.

Economics

49 h. ago Republicans rally past the Democrats’ delays to push Trump’s tax bill through the Senate

The president's sweeping tax and spending bill passed after a dramatic vote despite procedural delays and budget warnings

Economics

50 h. ago Trump Tax Bill Hits Senate With GOP Torn by Competing Demands

Senate Majority Leader John Thune is rushing to meet President Donald Trump’s July 4 deadline for pushing through his massive tax and spending bill, but first he has to work through a list of approximately eight Republican senators who have expressed opposition to portions of it.

Economics

56 h. ago After a dramatic vote, the Senate pushes ahead on Trump’s tax break and spending cut plan

By a 51-49 tally and with Vice President JD Vance at the Capitol to break a potential tie, the Senate cleared a key procedural step Saturday as midnight approached.

Economics

66 h. ago Senate Republicans Advance Trump Tax Bill on Crucial Test Vote

President Donald Trump’s $4.5 trillion tax cut bill prevailed in a crucial Senate test vote, a sign that Republican leaders are resolving the infighting over portions of the legislation and moving toward meeting a July 4 deadline the president has set for passage.

Economics

66 h. ago Trump Tax Bill Advances in Senate After Vance Pressures Holdouts

President Donald Trump’s $4.5 trillion tax cut bill prevailed in a crucial Senate test vote after hours of negotiations between Vice President JD Vance and GOP leaders and Republican holdouts.

Economics

66 h. ago Trump Tax Bill Advances in Senate as GOP Scrounges for Votes

President Donald Trump’s $4.5 trillion tax cut bill prevailed in a crucial Senate test vote after hours of negotiations, setting up fresh round of deal-making as Republicans seek to convince holdouts to support the bill for final passage.

Economics