Trump auto tariffs spur alarm ...Middle East

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Business & Economy

Welcome to The Hill’s Business & Economy newsletter, I'm Aris Folley — covering the intersection of Wall Street and Pennsylvania Avenue.

Essential Reads 

Airline bookings between the U.S. and Canada are down by 70 percent compared to the same time last year, according to the aviation analytics company OAG.

Freedom Caucus chair urges GOP leaders to delay bill preventing DC budget cuts

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Tax cuts and the bond market: ‘What’s another $4 trillion between friends?’

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In Other News 

WASHINGTON (AP) — As part of a push to roll back dozens of environmental regulations, the Trump administration …

Good to Know 

Dow posts back-to-back losses Thursday as Trump’s auto tariffs weigh on stocks (CNBC) Social Security's overpayments policy takes effect today. Experts say it could hurt seniors. (CBS News) Wall Street bonuses hit record high (CNN)

GOP lawmakers turn up the pressure on Hegseth

President Trump’s decision to yank Rep. Elise Stefanik’s (R-N.Y.) nomination to be ambassador to the United Nations is prompting a plethora of questions about the New York Republican’s future on Capitol Hill. Read more

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