Politics Week in politics: Trump’s budget bill passes House, 50% tariffs on EU announced May 24, 2025 12:03 pm Scott Simon 0 Min Read SHARE President Trump’s budget package threatens to increase the deficit, while his tariff threats — the most recent of which was Friday — destabilize global trade. This post was originally published on this site Previous Article Analysis: How Trump’s megabill transfers wealth in the US Next Article OpenAI’s latest power move: Cast Sam Altman as a new Steve Jobs