Trump signs tax and spending cut bill at White House July 4 picnic

US President Donald Trump bangs a gavel presented to him by house speaker Mike Johnson after he signed his signature bill of tax breaks and spending cuts at the White House. Picture: Evan Vucci/AP

US President Donald Trump signed his package of tax breaks and spending cuts into law after his cajoling produced almost unanimous Republican support in Congress for the domestic priority that could cement his second-term legacy.

Flanked by Republican legislators and members of his cabinet, Mr Trump signed the multi-trillion dollar legislation outside the White House, and then banged down the gavel that house speaker Mike Johnson gifted him that was used during the bill’s final passage on Thursday.