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

Download US House passes Trump's mega tax-cut bill

A massive tax and spending bill has just been passed 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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Published on Thursday, 22nd May 2025.

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