Sen. Thom Tillis (R., N.C.) said President Trump’s tariff announcement will likely represent a ceiling and not a floor—but that could change if countries impose retaliatory tariffs.

The U.S. Senate adopted an amended version of the House's budget resolution on April 5, 2025. The House adopted the Senate-amended version of H.Con.Res.14 on April 10. This resolution outlines the ...