President Donald Trump has escalated trade tensions by threatening Japan with tariffs as high as 35%, citing the U.S. trade deficit. Meanwhile, his multitrillion-dollar tax bill faces Republican resistance in the House.
- Trump threatens Japan with tariffs up to 35%, citing U.S. trade deficit concerns.
- House Republicans resist Trump’s tax bill, complicating its passage ahead of a critical vote.
- Senate approved the tax bill by a slim margin, relying on VP Vance’s tie-breaking vote.
📎 Related coverage from: bloomberg.com
