This week, Trump has said Musk would have to "close up shop and head back home to South Africa" if he halted government subsidies to his companies, and then later added that his administration would "have to take a look" at deporting Musk.

The war of words between billionaire Elon Musk and President Donald Trump over the big bill of tax breaks and spending cuts is heating up again, with Musk claiming he may form a new political party an

The Tax Policy Center, which provides nonpartisan analysis of tax and budget policy, projected the bill would result next year in a $150 tax break for the lowest quintile of Americans, a $1,750 tax cut for the middle quintile, and a $10,950 tax cut for the top quintile. That’s compared to what they’d face if the 2017 tax cuts expired.

The debate within President Donald Trump's Republican Party over a massive tax-cut and spending bill returns to the House of Representatives on Wednesday, as party leaders try to overcome internal divisions and meet a self-imposed July 4 deadline.

Republicans in the House of Representatives on Wednesday teed up a procedural vote on President Donald Trump's massive tax-cut and spending bill that could reveal whether the party has enough support to pass it out of Congress.

President Donald Trump took to Truth Social to announce a trade deal with the 'Socialist Republic of Vietnam.' "It is my Great Honor to announce that I have just made a Trade Deal with the Socialist Republic of Vietnam after speaking with To Lam, the Highly Respected General Secretary of the Communist Party of Vietnam," Trump wrote.

The United States and Vietnam struck a trade agreement that sets 20% tariffs on many of the Southeast Asian country's exports following last-minute negotiations, U.S. President Donald Trump and Vietnamese state media said on Wednesday.