A Republican Congressman sold a Medicaid-related stock before voting for President Donald Trump 's massive tax and spending package, which affects Medicaid.

The signing event at the White House on Friday afternoon enacts key parts of the Trump agenda including tax cuts, spending boosts for defence and the immigration crackdown. There was a celebratory atmosphere at the White House as Trump signed the bill ahead of Independence Day fireworks and a military picnic attended by the pilots who recently flew into Iran to strike three nuclear sites.

The House on Thursday passed President Donald Trump's major tax cut and spending bill in a 218 to 214 vote. Trump is expected to sign the bill into law on Friday.

Shares of Nike and other apparel makers rose on Wednesday after U.S. President Donald Trump said he had struck a trade deal with Vietnam that would impose a lower than initially expected tariff rate on many imports from the Southeast Asian country.

New deal includes steep tariffs on “transshipped” goods from countries like China that route through Vietnam. President Donald Trump was going to notch 90 trade deals in 90 days. Easy. Art of the deal.

President Donald Trump said early Friday his administration is resuming a broad set of tariffs on dozens of countries after a 90-day pause, as trade negotiations with many of those nations have failed to yield new deals.