US congress passes $1.7tn spending bill

President Trump says tariffs on China “will not be anywhere near 145%” but won’t be removed all together. It follows US Treasury Secretary Scott Bessent saying he expected a ‘de escalation’ in US China tariffs.The International Monetary Fund has revised its global growth forecast ...  Show more

As some of the World's largest economies get ready to face new tariffs, we find out what a battle on levy's could mean for the global economy.We hear from a Gulf Coast business feeling positive about the charges, and the predicament of a Californian retailer reliant on imports.El ...  Show more

What can one-point-seven-trillion-dollars get you? It can get you a functioning US government, for a start. Congress has just given final approval to the huge spending bill, just hours before the government would have had to shut down for lack of funds. The bill incorporates the ...  Show more

This week the US Senate passed the biggest package of climate change measures in American history. The Inflation Reduction Act, which is expected to be passed by the House and signed into law by President Biden, includes $369bn in funding for climate and clean energy policies. It ...  Show more

The physical infrastructure of the United States is crumbling and businesses there are feeling the effects. So why is this bill that aims to restore roads, bridges and communications facing such a treacherous political road ahead? Successive Presidents have tried and failed to ge ...  Show more

The US House of Representatives has approved a temporary funding bill aimed at avoiding a government shutdown due to start at midnight. The deal includes disaster funds, but no US aid for Ukraine. A Republican congressman tells us why he would vote against the deal. Also in the p ...  Show more