Since taking office, Mr. Trump has raced to enact his economic vision, aiming to pair generous tax cuts with sweeping deregulation that he says will expand America’s economy. He has fashioned his steep, worldwide tariffs as a political cudgel that will raise money, encourage more domestic manufacturing and improve U.S. trade relationships.

On May 22, the US House of Representatives passed a multi-trillion dollar bill that implements President Donald Trump’s domestic agenda. The legislation would extends the tax cuts implemented in Trump’s first term,

The idea is planted in the sprawling tax cuts package House Republicans passed early Thursday. In a surprise move, the Senate voted this week to unanimously approve the idea.