Tariffs Tax Americans

Trump tariffs 101: A tax on Americans that raises prices and lowers incomes

Congress has given the president the power to impose new taxes.

MarketWatch - 18h

It’s time for Americans to withhold their taxes | Judith Levine

The point is not to deprive the government of funds. It’s to expose the regime’s criminality. Political power boils down to two things: votes and money. But when money buys presidents, senators and ...

The Guardian - Feb. 20

How Trump’s Tariffs Could Affect American Companies

Business owners told The Times that President Trump’s tariffs could lead to higher costs and expressed frustration at the sudden uncertainty about policy.

The New York Times - 3d

Trump delays tariffs on North American cars

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump exempts autos from new Canada, Mexico tariffs Trump spoke with the leaders of ...

The Hill - 16h

Trump considers tariffs to counter digital services taxes on Big Tech

President orders probes into levies imposed by EU, UK and Turkey on US companies

Financial Times - Feb. 22

Engie warns US that tariffs and tax uncertainty threaten investment

Comments by French energy group chief follow Trump’s decision to pause hundreds of billions of dollars of green funds

Financial Times - Feb. 27

Why the Fed’s inflation fight could be a victim of Trump’s tariffs and tax cuts

Trump is moving fast and breaking things. That’s creating more chaos than progress.

MarketWatch - 1d

Trump’s IRS layoffs have some Americans asking: ‘Why bother’ filing taxes this year?

Accountants say some clients are wondering if they should blow off their taxes amid IRS cutbacks.

MarketWatch - Feb. 22

The Guardian view on a tax war: the world must unite against American obstruction | Editorial

Donald Trump’s threats to global tax reform have backfired, leaving the US isolated as nations push ahead with a new UN tax convention. Donald Trump’s Oval Office tirade on Friday laid bare his ...

The Guardian - 3d

Americans Brace for Inflation as Trump’s Tariffs Start to Take Effect

More Americans are starting to brace for higher prices as President Trump’s policies begin to take effect.

The New York Times - Feb. 25

How U.S. tariffs on Mexico, Canada could impact American consumers

The United States will charge import fees, up to 25%, on goods from Mexico and Canada starting Tuesday. It will also place an additional 10% tariff on Chinese imports. CBS News MoneyWatch ...

CBS News - 2d

How Trump's new tariffs will affect Americans: 5 things to know

President Trump kicked off a trade war Tuesday, levying major tariffs on the top three U.S. trading partners — Canada, Mexico and China. He imposed 25 percent import taxes on Canada and Mexico, and ...

The Hill - 1d

Trump's tariffs could quickly cut North American auto production by a third

A third of North American vehicle production could be cut by next week as a result of Trump's 25% tariffs on Mexico and Canada, S&P Global Mobility reports.

CNBC - 1d

Tariffs, Ukraine and Gaza loom over Trump's 'American Dream' address

The theme of Trump's Tuesday address is "Renewal of the American Dream," but he's also expected to remark on what his second-term agenda may mean for the world.

ABC News - 1d

How do Americans feel about inflation, tariffs, spending cuts?

President Trump is expected to lay out his legislative priorities during his address to Congress tonight. CBS News polling has some insights on what Americans want to see from lawmakers. CBS News ...

CBS News - 1d

How Retaliatory Tariffs by China, Canada and Mexico Could Harm American Farmers

Trade wars during President Trump’s first term slashed billions of dollars in U.S. agricultural exports. Farmers and trade groups expect an even bigger hit this time.

The New York Times - 1d

Americans are racing to prep for tariffs, but many aren’t ready — especially this group

The sweeping tariffs that President Donald Trump has been talking about since he was on the campaign trail are finally here, and they’re arriving at a tough time for many Americans.

MarketWatch - 22h

North American pipeline company warns Trump tariffs will hit fuel prices

TC Energy chief says continent needs to deepen cross-border ties to avoid inflation and protect energy security

Financial Times - 22h

Kentucky Distillers' Association responds to Trump tariffs: 'Hard-working Americans … will suffer'

entucky’s bourbon industry is bracing for potential economic fallout after President Donald Trump imposed tariffs on imports from Canada, China and Mexico this week — and after all three countries ...

The Hill - 21h

Trump held calls with American automakers worried about tariffs

President Trump spoke to the leaders of Stellantis, Ford and General Motors as his tariffs on Canada, Mexico and China took effect. The stock prices for the American automakers fell after Mr. ...

CBS News - 18h

Warren Buffett calls Trump's tariffs a tax on goods, says 'the tooth fairy doesn't pay 'em'

"Tariffs are actually, we've had a lot of experience with them. They're an act of war, to some degree," Buffett said.

CNBC - 2d

Here’s what Warren Buffett thinks of Trump’s tariffs: ‘Over time, they are a tax on goods.’

Billionaire investor Warren Buffett likened tariffs to an “act of war” and said that over time they will act as a tax on goods.

MarketWatch - 2d

No ‘golden age’ is coming. Trump’s tariffs will hit Americans with higher interest rates and more inflation.

Protectionism won’t make us rich — especially if tariffs launch a trade war.

MarketWatch - Feb. 25

Trump to ratchet up China tariffs again. Here’s why American consumers will feel the pain this time.

New York Fed analysis suggests “missing imports” from China could mean higher costs ahead.

MarketWatch - 6d

Best Buy CEO says tariffs make price increases for Americans highly likely

Tariff uncertainty is adding to the pressure on consumers caused by a long period of high inflation, sending the retailer’s stock toward its worst day in more than 3 years

MarketWatch - 1d

Trump’s tariffs will take their toll on fresh fruit and vegetables — that’s bad news for low-income Americans

Call it the attack of the killer tomato tariffs.

MarketWatch - 22h

When to hire a tax attorney

There are a number of instances in which hiring a tax attorney makes more sense than the alternatives.

CBS News - Feb. 25

Businesses Are Betting on a Tax Cut Extension

The federal budget debate has big implications for the economy. Despite questions about the math, investors expect an extension of the 2017 tax cuts.

The New York Times - Feb. 22

The Death of Competition in American Elections

A vast majority of 2024 races for Congress and state legislatures were decided by low-turnout or meaningless primaries. The trend is making politics more polarized and eroding public trust.

The New York Times - Feb. 23

Trust Was Once an American Superpower

Undermining one of our country’s greatest and least-appreciated assets.

The New York Times - Feb. 25

A Day of American Infamy

A dreadful moment for Ukraine, for the free world, for the legacy of an America that once stood for the principles of the Atlantic Charter.

The New York Times - 5d

Companies are unprepared for new tax trade-off in 2025

As the Tax Cuts and Jobs Act is set to expire later this year, companies are preparing for potential trade wars and tariffs, and the White House is weighing a strategy that could include a tariff ...

The Hill - Feb. 24

Can you dispute your tax bill with the IRS?

Receiving an unexpected tax bill from the IRS doesn't mean you're automatically obligated to pay it.

CBS News - Feb. 24

Technology is speeding up tax season, but not the audit process

Politicians on both sides of the political aisles should relish giving their constituents a much-deserved psychological rest after completing their tax-return filing duties.

The Hill - Feb. 25

How much does tax relief cost (and is it worth it)?

If you owe money to the IRS, tax relief could be worth considering, but there are extra costs that come with it.

CBS News - Feb. 26

5 obstacles facing the GOP tax agenda

The House voted Tuesday to pass a budget resolution that will act as the blueprint for the GOP’s domestic agenda, with the extension of President Trump's 2017 tax cuts at the center. While the bill ...

The Hill - Feb. 27