On May 2, 2025, the Trump administration submitted its discretionary budget proposal for fiscal year (FY) 2026, calling for a $163 billion cut (approximately 23%) in non-defense discretionary spending compared to FY2025, while increasing defense funding by 13% to $1.01 trillion and allocating $175 billion to border security. A portion of this increase—$325 billion—is expected to be enacted via reconciliation.
The Commerce budget includes $134 million in targeted investments to "strengthen trade enforcement and aggressively protect American innovation." This includes an additional $122 million for the Bureau of Industry and Security, a more than 50-percent increase, while cutting $145 million from the category "International Trade Administration – Global Markets."
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