Trump Eyes New Tariffs and Trade Deals Amid Victory Celebration

President Donald Trump has signed his massive policy bill, known as the Big Beautiful Bill, into law, which includes cuts to major programs like Medicaid and adds funding for border security. The victory comes ahead of a looming deadline to impose new tariffs on countries and negotiate trade deals.

Trump celebrated the signing of the bill at a July Fourth White House event, where he thanked military families and Republican Congress members. However, critics argue that the bill’s impact on low-income Americans could be devastating, with nearly 12 million people potentially losing Medicaid coverage according to the Congressional Budget Office.

The President has dismissed concerns about the bill’s popularity, instead focusing on the “winning” streak of his administration. Trump also plans to impose new tariffs on countries and negotiate trade deals in the coming week, a move that could impact American businesses and consumers.

As Trump turns his attention to tariffs and trade, critics warn that his approach may face opposition from businesses and protesters alike. The President’s stance on immigration enforcement remains uncertain, with some arguing that it will lead to deportations of workers at farms reliant on immigrant labor.

Despite the controversy surrounding his policies, Trump claims to be celebrating a “triumph of democracy” and says that the American people are happy with his agenda. However, experts argue that there is more to consider beyond the President’s narrow definition of success.

Source: https://www.npr.org/2025/07/05/nx-s1-5455857/boosted-by-victory-over-tax-bill-trump-looks-to-tackle-tariffs-and-trade-deals