President Donald Trump's sweeping new tariffs on dozens of countries took effect on Thursday, fulfilling a long-promised pledge to reorder the global economy.This week, Trump is also expected to nominate a new head of the Bureau of Labor Statistics after abruptly firing the agency's top official last week after a weak jobs report.

President Donald Trump has removed former U.S. Rep. Billy Long as IRS commissioner less than two months after his confirmation.

U.S. President Donald Trump is removing Billy Long as the commissioner of the Internal Revenue Service and Treasury Secretary Scott Bessent will temporarily serve as acting commissioner, a White House official and a source familiar with the matter said on Friday.