Statement: “Tariffs are a tax cut for the American people.” When Associated Press reporter Josh Boak asked about tariffs in ...

No one likes taxes -- especially President Donald Trump. If he has his way, income taxes will become a thing of the past, ...

President Trump has suggested that the government eliminate the personal income tax and replace it with tariffs. While some ...

President Donald Trump's November victory was expected to usher in a new round of corporate income tax cuts and fuel share ...

U.S. President Donald’s Trump ’s global trade war is sowing economic chaos around the world. But his ultimate rationale for ...

Japanese automakers, initially optimistic about some of President Trump’s policies, are reckoning with potentially ...

When these tariffs are released on April 2, huge economic and financial disruptions will occur. The possibility of huge stock ...

A value-added tax is a system of taxation widely used worldwide, although the United States is one of the few outliers that ...

We've been here before, and it's chaos. President Trump's first trade war with China cost American taxpayers $60 billion.

All economists know that tariffs are taxes, passed on to the buyer in the form of higher prices, spiking inflation. Inflation, a sore spot for families and the economy at large, would increase by 0.7 ...

Currently, the UK is impacted by Trump’s 25% tariffs on all imports of steel and aluminium into the US. Washington has also ...

Makers of a vast array of American products are weighing the risks, and potential payoffs, of the sweeping tariffs the ...