President Trump has suspended most of his tariffs on Mexico until April 2nd. Stocks are falling despite the tariff reprieve. Meanwhile, there is still concern over Elon Musk and DOGE's spending cuts.

U.S. Senate Republicans pushed for the U.S. Congress to codify spending cuts identified by billionaire Elon Musk's Department of Government Efficiency on Wednesday, after the Supreme Court declined to let President Donald Trump withhold payments to foreign aid organizations.

Senate Republicans on Wednesday pushed Elon Musk to move his efforts to slash federal spending and the federal workforce through Congress in a closed-door meeting on Capitol Hill, as lawmakers push for a seat at the table in the sweeping effort to overhaul government.

President clarifies responsibility for mass firings and cost-cutting lies with department leadership with DOGE in advisory role

The White House has released President Trump’s executive orders on Canada and Mexico and the language makes clear that he is suspending the tariffs — not pausing them. The order effectively abandons tariffs on goods that are covered by the trade pact Trump signed into law in his first term.

In another reversal, Trump postponed for a month new tariffs on imports from Canada and Mexico that fall under the three nations' free trade deal.

The meeting represented the outpouring of weeks of building tensions between the head of DOGE and President Donald Trump’s top political officials.

The billionaire Tesla CEO and his Department of Government Efficiency will play an advisory role only, Trump said, according to the source. Musk was in the room and told the cabinet he was good with Trump's plan,