Trump, Tariff

Trump push to use tariffs to pay for tax cuts faces opposition in Congress
U.S. President Donald Trump is pushing a plan to explicitly use revenue from higher tariffs on imported goods to help pay for extending trillions of dollars in tax cuts, an unprecedented shift likely to face opposition from many of his fellow Republicans in Congress.
Tariffs are coming: Trump says he's looking at 10% tax on Chinese imports
President Donald Trump said from the White House that he's looking at a 10% tariff on imports from China. He pushed Xi Jinping crack down on fentanyl.
What are tariffs and who pays them? See Trump's proposed tax plan now that he's president
According to Reuters, Trump proposed a 10% tariff on all U.S. imports and a 60% levy on Chinese-made products.
A tariff primer: why a Trump tax on foreign-made goods may not be a slam dunk
Tariffs are taxes on imported goods, and typically their costs are passed along by businesses to buyers of the products, including everyday consumers.
Trump says he will tariff and tax foreign countries
U.S. President Donald Trump on Monday said he would tariff and tax countries to enrich Americans, promised an overhaul of the trade system, and said the United States would establish an "external revenue service".
Canadian foreign minister warns of ‘Trump tariff tax’ on Americans as threat of 25% tariff looms
Canada’s foreign minister is warning Americans they will be paying a “Trump tariff tax” if President-elect Donald Trump follows through with a threat of imposing a 25% tariff on all Canadian goods.
Trump tariffs would shrink economic output by 0.4%: Tax Foundation
he 25% tariffs on Canada and Mexico and 10% tariffs on China announced this week by President Donald Trump would cost 344,000 jobs and reduce long-run economic output by 0.4%, according to Tax Foundation estimates that do not account for any retaliation by trade partners.
Trump threatens Russia with taxes, tariffs, sanctions if ‘ridiculous’ Ukraine war not ended
President Trump on Wednesday threatened to impose tariffs and sanctions on Russia if there is no deal to stop the fighting in Ukraine “soon.” “I’m not looking to hurt Russia. I love the Russian people,
"Will tariff and tax foreign countries," Trump announces establishment of the External Revenue Service
President Donald Trump has announced to establish the External Revenue Service to "tariff and tax foreign countries" instead of taxing US citizens. Trump vowed to "overhaul" the trade system "to protect American workers and families.
We’ll tax foreign countries to enrich Americans — Trump
US President Donald Trump on Monday vowed to embrace trade wars, pledging to impose tariffs and taxes on other countries. Trump made the pledge in a nationalistic inaugural address after being sworn in as the 47th president.
Trump unveils external revenue service to boost tariffs
Donald Trump commented on the upcoming tariffs during his first speech after being sworn in. "We will create an External Revenue Service to collect all tariffs, fees, and revenues for this purpose. It will be a huge sum of money from foreign sources,
What Will Happen to Inflation This Year? It Depends What You Think About Tariffs
The Michigan Consumer Sentiment survey declined in January as the responses revealed a stark divide over how Americans feel about President Donald Trump’s economic proposals.
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Actor Simu Liu Says It's 'Confusing' That The New Administration Is Giving People Like Him Tax Cuts — 'I'm Happy To Pay My Fair Share'
President Donald Trump has come into office with his own plans for taxes, just like every president before him. His ...
Trump's order on the global tax deal is a relief to tech companies
The global tax deal prevents a "race to the bottom" on corporate income tax rates around the world. President Trump pulled ...
How Trump’s Shifting Tariff Vows Apply to Changing Objectives
Though he failed to impose sweeping tariffs on day one as promised, Trump has repeated threats of applying big import duties soon, as reasons behind them shift.
Trump tells Davos elite to invest in US or face tariffs
President Donald Trump promised global elites lower taxes if they bring manufacturing to the U.S. and threatened to impose tariffs if they don’t.
Dimon defends Trump tariffs
Welcome to The Hill’s Business & Economy newsletter {beacon} View Online Business & Economy Business & Economy The Big Story ...
Trump’s Proposed Tariff Agency Raises Questions, and Confusion, for Experts
President Trump wants an External Revenue Service to collect tariffs on imports. But one trade expert said the move may be ...