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 is ousting Billy Long from his role as commissioner of the Internal Revenue Service just two months after he was confirmed to the position, three sources familiar told CNN.

President Donald Trump has removed Billy Long, the head of the Internal Revenue Service (IRS), and temporarily replaced him with Treasury Secretary Scott Bessent, The Associated Press and New York Times reported on Friday.