The Fallout From Gary Cohn Exiting the White House
Kelly Macias, staff writer for Daily Kos, and Alayna Treene, reporter for Axios, discuss what comes next now that Gary Cohn has left his post as President Trump's top economic advisor. They also touch on how the Democrats made out Tuesday in the Texas primaries.
Treene believes Cohn was unhappy in his role for a long time, as far back as the events in Charlottesville, but stayed on to push tax reform. Macias thinks the idea that the "adults in the room" will handle Trump isn't true because all the adults are leaving.
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
The Trump administration announced a trade deal with the United Kingdom Thursday in grandiose terms, but with only limited details about what it achieves.
Why not tax the millionaires? That question won't seem to go away as Congress begins drafting a package of tax breaks and spending cuts for President Donald Trump’s “big, beautiful bill."
X, the social media platform owned by Trump adviser Elon Musk, is challenging the constitutionality of a Minnesota ban on using deepfakes to influence elections and harm candidates.
President Donald Trump repeated his attacks Monday against the chair of the Federal Reserve, demanding that the central bank lower its key interest rate.
