Latest in Trump Import Taxes Could Fall Heaviest on the Midwest and Southeast
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Trump Import Taxes Could Fall Heaviest on the Midwest and Southeast
The Richmond Fed says manufacturers in those regions could bear the brunt of the consequences, with net job losses.Inc. - 1d -
GOP tax proposals could add $9 trillion to nation’s deficits: Analysis
A menu of tax cut proposals made by President Trump and Republicans could add north of $9 trillion to the nation’s deficits over the next decade without offsets, a recent analysis from the Peter G. ...The Hill - 2d -
Estimates Imply That Trump Tariffs Could Fall Heavily on Consumers
Trump’s supporters have clashed over the true goal of forthcoming global tariffs: raising revenue, or lowering foreign trade barriers?The New York Times - 3d -
What are reciprocal tariffs, and why does Trump want to impose them?
President Trump announced reciprocal tariffs today on a number of other countries. Here's what to know about these import taxes.CBS News - 1d -
Here are the stocks rising and falling the most after Trump's tariffs
Markets tumbled Thursday following President Trump’s announcement of a general 10-percent tariff on imports to the U.S. along with additional targeted tariffs on dozens of U.S. trading partners. ...The Hill - 17h -
Global shares slide as Trump tariffs loom
The US president suggests the new import taxes he is set to announce this week will hit all countries.BBC News - 4d -
Three big unknowns ahead of Trump's tariffs announcement
The president is expected to unveil details of his plans for a wider set of import taxes. But what tariffs and when?BBC News - 2d -
'We have to protect this country': Here's what Trump hopes to accomplish with tariffs
In President Donald Trump's second term, he has foregrounded tariffs in a more significant way, but he's been a big proponent of import taxes since the 1980s.CNBC - 1d -
Best tax relief services, plus expert advice on navigating your choices
Struggling with tax debt? Take a look at some of the top tax relief companies that could help.CBS News - 18h -
China Will Face at Least 54 Percent Tariffs With Trump’s New Order
The 34 percent tariff announced on Wednesday is in addition to two rounds of import taxes the president already imposed since January.The New York Times - 1d -
Schumer on Trump's new tariffs: A 'huge tax on American families' to 'help billionaires get a tax cut'
Senate Minority Leader Chuck Schumer (D-N.Y.) on Wednesday slammed President Trump’s sweeping new tariffs, calling them a “huge tax” on the average American family. “This is a huge tax on American ...The Hill - 1d -
Potential Trump tariff plan could cost households more than $3K: Analysis
President Trump's potential plan to impose a 20 percent broad tariff on all imports could put a squeeze on households, especially those on the lower end of the income spectrum, an analysis from ...The Hill - 1d -
The countries hit hardest by new US tariffs
A 10% rate of import tax will apply globally - with higher rates for a list of Trump's "worst offenders".BBC News - 1d -
Republicans moving ahead with Trump's 'big' bill of tax breaks and spending cuts
After a long wait, the Senate is launching action on President Donald Trump’s ”“big, beautiful bill” of tax breaks and spending cutsABC News - 5h -
Consumers brace for economic impact of Trump's reciprocal tariffs
President Donald Trump is set to unveil new reciprocal tariffs with taxes expected on imported goods from around the world that are set to go into effect immediately. NBC’s Christine Romans joins ...NBC News - 2d -
Trump unveils sweeping new tariff plan
President Trump announced ten percent tariffs on all imports, along with new reciprocal tariffs that will charge half the tax on foreign goods that dozens of countries are charging on American ...NBC News - 1d -
Why Trump's tariffs are so bad for Big Tech
President Trump’s sweeping new slate of tariffs is poised to strike a blow at the tech industry, as massive import taxes on China and Taiwan disrupt trade flows that are central to tech firms’ ...The Hill - 3h -
Trump Says His Tariffs Will Take Effect Wednesday
The president did not reveal the details of his plan to impose reciprocal tariffs the same day, but suggested he would move ahead with import taxes on trading partners.The New York Times - 2d -
Watch live: Trump gives remarks on 'Liberation Day' tariffs
President Trump on Wednesday is set to give a "Make America Wealthy Again" speech Wednesday afternoon, when he is expected to announce additional taxes on certain imported goods, as well as ...The Hill - 1d -
Trump and DOGE Defund Program That Boosted American Manufacturing for Decades
President Donald Trump says taxing imports will strengthen domestic manufacturing. Hours before announcing new tariffs, his administration cut support for centers that help US firms do just that.Wired - 1d -
‘War’ and ‘pain’: what the papers say about Donald Trump’s trade tariffs
The US president has announced new taxes on imports to the US starting at a baseline of 10% – here is the front-page reaction in Britain. Donald Trump’s tariff “day of liberation” arrived with the ...The Guardian - 1d -
Impact of tariffs on prices of imports from top brands
President Trump said that his sweeping tariffs on imports are designed to boost American companies that make products in the U.S. But for many popular brands that import their products from ...NBC News - 14h -
As Trump readies reciprocal tariffs, economists say 'value-added taxes' aren't a trade barrier
"Value-added taxes" are a common type of consumption tax used worldwide. They don't create a trade disadvantage for the U.S., economists said.CNBC - 3d -
Supreme Court appears swayed by Catholic charity group’s tax exemption bid
The Supreme Court on Monday seemed swayed by a Catholic charity group’s bid for tax relief in Wisconsin in a case that could drastically alter eligibility for religious tax exemptions. A Wisconsin ...The Hill - 3d -
Pence on Trump tariffs: 'Largest peacetime tax hike in U.S. history'
Former Vice President Mike Pence warned about the economic and political risks of the Trump administration’s sweeping reciprocal tariffs on other nations, calling them the “largest peacetime tax ...The Hill - 19h -
Trump’s tariffs are ‘taxes’ and are ‘hurting the American people,’ says Democratic lawmaker
Rep. Steven Horsford (D-Nev.) joins Meet the Press NOW to discuss the fallout from President Trump’s sweeping tariffs. He calls the tariffs a “tax” that will cause Americans to pay more.NBC News - 16h -
Senate advances blueprint for Trump tax cuts, other top priorities
The Senate on Thursday advanced its budget resolution, teeing up a weekend vote on a blueprint for President Trump's tax agenda and other top priorities. Senators voted 52-48 to kick off ...The Hill - 13h -
After Trump Tariffs, Volkswagen to Add ‘Import Fees’ to Cars Sold in U.S.
The company’s move is one of the first and clearest examples of automakers using price increases to deal with the 25 percent tariffs President Trump imposed on car and auto parts imports.The New York Times - 16h -
Supreme Court hears Catholic groups' claim for religious tax exemption
The case arises from Wisconsin, where officials said groups linked to the Catholic Church could not obtain a religious exemption from the state's unemployment assistance tax.NBC News - 4d -
GOP rep says 'tariff is a tax': 'No question'
Rep. Pete Sessions (R-Texas) on Monday said a “tariff is a tax,” a day before the Trump administration’s imposition of “Liberation Day” reciprocal tariffs. In Sessions’s appearance on “CNN News ...The Hill - 2d -
China hits back at Trump with 34% tariff on U.S. imports
China announced a 34% tariff on all U.S. imports on Friday, escalating trade tensions between the world’s two biggest economies.NBC News - 2h -
Trump Took a Wrecking Ball to Southeast Asia’s Role as an Alternative to China
Punishing tariffs on Vietnam, Cambodia, Thailand and others in the region threaten their position as major manufacturing hubs for the American market.The New York Times - 23h -
5 things to know about Republicans’ new blueprint to pass Trump's agenda
Senate Republicans on Wednesday rolled out a 70-page blueprint to advance President Trump’s tax agenda, along with directions that could pave the way for more than a trillion dollars in cuts to ...The Hill - 1d -
What tariffs could mean for US workers, consumers and the economy
President Trump’s Wednesday tariff announcement was larger in scope than many businesses and policy analysts were predicting, with the imposition of a 10 percent general tariff on imports to the ...The Hill - 14h -
Senate Republicans eye budget vote amid growing fight over Trump tax cuts
Eying a vote on a multitrillion-dollar budget blueprint this week, Senate Republicans are considering a far-reaching move to that would set a $0 cost for making President Donald Trump’s tax cuts ...NBC News - 2d -
Senate Republicans release budget blueprint with new tax cuts and a $5 trillion debt limit hike
Senate Republicans released a new budget blueprint Wednesday that would pave the way for $1.5 trillion in new tax cuts in addition to making President Donald Trump’s 2017 tax cuts permanent.NBC News - 1d -
Trump's tariffs are expected to raise consumer prices, but a key question remains: By how much?
As the U.S. president weighs increasing tariffs on imports, economists find that prices across many categories could rise as a result.CNBC - 1d -
China imposing 34 percent tariffs on all US goods
China, in the wake of President Trump's latest tariffs on foreign trading partners, announced Friday it will hit the U.S. with a 34 percent reciprocal tax on imports starting next week. “The US ...The Hill - 36m -
Trump administration puts 25% tariff on all canned beer imports, empty aluminum cans
Canned beer imports will be subject to a 25% tariff, putting pressure on Constellation Brands' bottom line.CNBC - 1d