Economists at Citi Research said in a note on Thursday that the aggressive tariffs "may now become a justification for larger tax cuts."

The Texas Senator said he is "not a fan of jacking up taxes on American consumers" and hopes the tariffs are "short-lived."

The Senate has approved Donald Trump's tax and spending cut framework in a 51-49 vote, in a major win for the president. The vote, which ran into the early hours of Saturday morning, took place largely along party lines. However, two Republicans - Senators Susan Collins of Maine and Rand Paul of Kentucky - joined Democrats in opposition.

Feathered friends got caught up in President Donald Trump’s trade war, Beatlemania might be making a comeback, and some big changes are coming to the world of sports. Test your knowledge of the week in news, and take last week’s quiz here.

WASHINGTON – Senate Republicans are taking a big step forward in their effort to put President Donald Trump's agenda into law – and they're breaking some norms to do it. On Wednesday, the chamber's GOP leaders unveiled a new version of the blueprint for sweeping legislation that will eventually include Trump's priorities for border security,

U.S. Senate Republicans are working to pass a budget measure that they need to extend President Donald Trump's 2017 tax cuts -- and potentially cut other taxes -- while bypassing the objections of the chamber's Democrats.

The Republican-controlled Senate has approved a budget framework that includes multitrillion-dollar tax breaks and spending cuts.

From extending the tax cuts he signed into law in 2017 to ending taxes on tips, overtime pay, Social Security benefits and more, President Donald Trump has never made a secret of his goal to make sweeping changes to the U.

U.S. Senate Republicans are working to pass a budget measure that they need to extend President Donald Trump's 2017 tax cuts -- and potentially cut other taxes -- while bypassing the objections of the chamber's Democrats.