Alan Rappeport

The National Capital Planning Commission has become pivotal in the administration’s campaign to discredit Jerome H. Powell, the chairman of the Federal Reserve.

The law is creating backlash from the gambling industry and bettors who could owe taxes even if they break even.

The tariffs are likely to inflame tensions with one of the largest U.S. trading partners.

The pyrotechnics industry relies heavily on Chinese fireworks imports and warns that this could be the last big bang Fourth of July.

A proposed $5 trillion debt limit increase could make it hard for Republicans to maintain their fiscal hawk credibility.

Along with a sharply downgraded projection for global output this year, it urged a “course correction” on trade to help preserve living standards.

Top economic officials avoided a condemnation of U.S. tariffs but committed to trying to reduce “economic policy uncertainty.”

Retaliatory taxes on foreign companies operating in the U.S. could open the door for a broader economic conflict.

Top officials are scheduled to conclude their weekend of trade negotiations in Geneva on Sunday.

The president said reducing tariffs to 80 percent from the current 145 percent “sounds right,” as U.S. and Chinese negotiators prepare to meet in Switzerland.