US Treasury Urges Congress to Repeal Trump-Era Tax Provision

Jun 27, 2025 United States United States Politics
US Treasury Urges Congress to Repeal Trump-Era Tax Provision

The US Treasury is asking Congress to repeal a retaliatory tax measure from Trump's budget bill, seeking to ease trade tensions and boost the economy.

US Treasury Asks Congress to Repeal Trump-Era Tax Provision

The US Treasury is urging Congress to eliminate a retaliatory tax measure from the Trump administration's budget bill.

This appeal seeks to de-escalate potential trade tensions and promote a more stable economic climate.

Treasury officials believe that repealing this tax provision would benefit both domestic businesses and international trade relations, indicating a move towards more cooperative economic policies.

By news 4 days ago
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