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World Business Report, US House es Trump's mega tax-cut bill

World Business Report

US House es Trump's mega tax-cut bill

May 22, 2025

2 minutes

Available for 29 days

A massive tax and spending bill has just been ed by the US House of Representatives. The so-called mega-bill would extend tax cuts from President Donald Trump's first term, end taxes on tips, and increase military and border spending.

The sportwear giant Nike is raising prices - but how much of it is down to the global tariff situation, and how much is down to other difficulties in the company?

And we look at the Japan's economy - why the price of rice is increasing and how it is affecting Japanese businesses?

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