President Donald Trump on Friday floated cutting tariffs on China to 80 ahead of a weekend meeting as he looks to de-escalate the trade war.
Top U.S. officials are set to meet with a high-level Chinese delegation this weekend in Switzerland in the first major talks between the two nations since Trump sparked a trade war with stiff tariffs on imports.
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Proposal to triple the state and local tax deduction is 'insulting,' some GOP lawmakers say
Congressional Republicans from New York say a House proposal that would triple the cap on state and local tax deductions is "insulting" and would threaten the chances to extend the individual tax cuts passed in President Donald Trump's first term.