for Trump’s second term are beginning to take shape, but a key decision could send troubling signals to businesses and consumers. The party’s leadership appears to be leaning toward a delay of preserving and extending tax cuts in favor of other priorities., set to take the reins as Senate majority leader, has floated the idea of using the Senate’s reconciliation process to fast-track a legislative package focused on border security, energy, and national defense.
and encourage foreign governments to attempt to wait out the tariffs, expecting the Trump administration to retreat if the economic costs become larger than expected. Enacting a tax cut immediately would have the opposite effect: sending the message that the U.S. government is serious about the Trump trade agenda and the economy is likely to stay strong enough to weather any threats of trade wars.
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