Trump faces critical two weeks with tax and trade deadlines

President Donald Trump is entering a tough two-week period as he tackles major challenges. A fragile ceasefire between Israel and Iran needs his attention, while he also pushes for his key tax plan to pass in Congress. At the same time, the global economy is on edge, waiting for his next steps on tariffs. Trump’s tax proposal, a multi-trillion-dollar plan, faces resistance from some Republicans, making it hard to meet his July 4 deadline.

He’s been pressing party members to support the bill during the NATO Summit in the Netherlands. Meanwhile, trade talks with major partners are struggling, with a July 9 deadline to avoid higher tariffs looming. Trump has said he’ll set new tariff rates soon, which could shake up global markets. The ceasefire between Israel and Iran, recently announced by Trump, is holding for now, but tensions remain high.

The UN is pushing for inspections of Iran’s nuclear sites, adding pressure. Trump’s moves, like allowing China to buy Iranian oil, have raised eyebrows, complicating his foreign policy goals. Markets are nervous as Trump’s tariff plans could lead to layoffs and spending cuts, especially in industries like car manufacturing.

His tax cuts aim to boost the economy, but critics worry about rising debt. With so much at stake, these two weeks could shape Trump’s second term and the global economy.