U.S. President Donald Trump says he’ll double planned tariffs on Canadian aluminum and steel, sticking with a trade war despite Monday’s stock market drop.
Meanwhile, Republicans face a critical test of their unity when a spending bill that would avoid a partial government shutdown and keep federal agencies funded through September comes up for a vote. Speaker Mike Johnson is teeing up the bill for a vote as soon as Tuesday despite the lack of buy-in from Democrats, essentially daring them to oppose it and risk a shutdown that would begin Saturday if lawmakers fail to act.
Here’s the latest:
Johnson suggested President Trump’s economic policies amounted to a “shake-up” in the short term that would eventually result in “repairing and restoring the American economy.”
Johnson was fielding reporters’ questions at the U.S. Capitol.
“Give the president a chance to have these policies play out,” he said.