WASHINGTON (Reuters) -A tax proposal that would enable U.S. President Donald Trump to retaliate against countries that impose taxes that he considers unfair could be removed from a sweeping budget bill, if an international deal can be struck before it passes, top White House and congressional Republicans said on Wednesday.

With a July 4 deadline looming, here are the basics of President Donald Trump's Big Beautiful Bill and where it stands in the Senate.

Republicans in the House and Senate are struggling to agree on key parts of Trump’s tax bill, including tax cuts, immigration enforcement and climate change policies.