Latest in Trump's Tariffs Tax
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Intuit shares jump after results top estimates amid key tax season
Tax-preparation software provider Intuit on Tuesday reported quarterly results that topped Wall Street’s estimates, while forecasting third-quarter sales that were also above expectations.MarketWatch - 6d -
Thinking of not filing your tax return amid IRS cutbacks? Penalties can be costly, experts say
As the IRS faces cutbacks, some taxpayers are weighing whether to file returns this season.NBC News - 4d -
Thinking of not filing your tax return amid IRS cutbacks? Penalties can be costly, experts say
As the IRS faces cutbacks, some taxpayers are weighing whether to file returns this season. But penalties can be costly, experts say.CNBC - 4d -
You can still lower your 2024 tax bill or boost your refund with these moves
There's still time to lower your 2024 tax bill or boost your refund with these three strategies, experts say. Here's what to know.CNBC - 4d -
Homeowners can get a tax break worth thousands of dollars—see if you're eligible
For a median-sized loan, some homeowners could claim over $20,000 in tax deductions when filing this year.CNBC - 3d -
Tax breaks, child care and free college: How a Kansas town is enticing people to move there
Neodesha, Kansas, is trying a new way to get people to relocate. Residents may qualify for tax breaks and student loan repayment assistance among other perks.CNBC - 2d -
Email shows that Musk ally is moving to close office behind free tax filing program at IRS
Program is apparently being closed according to email from former Tesla engineer installed in GSA. An Elon Musk ally installed in the US government said in a late night email going into Saturday ...The Guardian - 2d -
If you have a side hustle, start this simple habit now to make filing your taxes easier, CPA says
If you have a side hustle, keeping good records throughout the year can save you a headache come tax time.CNBC - 1d -
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 - 1d -
Drugmakers prepare to sue EU over tax to pay for waste water clean-up
Pharma and cosmetics industries want other sectors to contribute ‘fair share’ towards cost of removing pollutantsFinancial Times - 1d -
Hasbro says it's taking steps to offset China tariff effects
Toy and gaming giant Hasbro is shifting manufacturing away from China as it eyes the effects of U.S. tariffs.CNBC - Feb. 20 -
Airbus Says U.S. Tariffs Would Be ‘Lose-Lose’ for Airline Industry
The European airline maker, which is Boeing’s chief rival, said it would adapt to any new tariffs, including passing on costs to its customers.The New York Times - Feb. 20 -
With tariffs ramping up, this investment option can provide protection against inflation
The threat of tariffs on imports is causing some investors to consider increasing their exposure to TIPS to help buffer their portfolios against inflation.CNBC - Feb. 21 -
US stocks dip amid concerns over tariffs and consumer belt-tightening
All three major stock indexes moved decisively lower, extending sell-off in wake of dour economic reports. US stocks tumbled on Friday, extending a sell-off in the wake of dour economic reports and ...The Guardian - Feb. 21 -
US orders probe into copper dumping, opening door to new tariffs
White House signals it will expedite measures despite investor concerns over how threats of levies will affect the economyFinancial Times - 6d -
Tariff uncertainty is weighing on market action, Jim Cramer says
CNBC's Jim Cramer suggested uncertainty regarding tariff policy will continue to shape market action.CNBC - 5d -
US and UK in talks on trade deal that could spare Britain from tariffs
Donald Trump says America is looking to forge pact as ‘quickly as it can be done’Financial Times - 4d -
Firsthand look at busiest U.S. port of entry amid tariff threats
Looming tariffs are hanging over the heads of companies doing international business with the U.S. CBS News correspondent Jason Allen got a behind-the-scenes look at the busiest port along the ...CBS News - 4d -
Mexico extradites wanted drug lord to US in attempt to ward off tariffs
Rafael Caro Quintero, sought since 1985 for murder of DEA agent, among 29 prisoners sent across borderFinancial Times - 4d -
HP Inc. was proactive about the impact of tariffs, and it may be paying off
HP Inc. has been proactive in dealing with the potential impact from looming tariffs on goods manufactured in China, including an ongoing shift of its manufacturing operations and purchasing more ...MarketWatch - 4d -
Doug Ford wins Ontario election on back of tariff rallying cry
Progressive Conservative premier of Canada’s most populous province retains office and vows to work with all sides of politics in ‘fighting back against Donald Trump’. Doug Ford, the incumbent ...The Guardian - 4d -
US to raise tariffs on China and push ahead with Canada and Mexico levies
Donald Trump says duties on biggest trading partners to take effect on March 4Financial Times - 4d -
Chinese importers’ tactic for beating US tariffs: pile it high
Warehouses have become buffers against political volatilityFinancial Times - 3d -
US merchandise trade deficit surges ahead of expected tariff increases
Figures suggest companies are stockpiling goods ahead of levies promised by Donald TrumpFinancial Times - 3d -
U.S. set to unleash tariffs on Canada, Mexico and other countries
Trump officials remain on course to hit Canada and Mexico with 25% tariffs on March 4, with a wave of other levies ready to roll.CBS News - 3d -
Canada-U.S. Relations Continue to Reach Lows Over Tariffs and Annexation Threats
President Trump said he would impose potentially devastating tariffs on Tuesday, inspiring patriotism in Canada.The New York Times - 2d -
US hints that tariffs on Mexico and Canada could be lower than 25%
Commerce secretary Howard Lutnick says levies will take effect on Tuesday but Trump is still deciding ratesFinancial Times - 1d -
Arrival of US tariffs set to embolden Canada’s new leader
Plus, ex-Barclay boss Staley seeks redress in London courts and markets await expected ECB rate cutFinancial Times - 1d -
Chipotle CEO says company will absorb any cost increases from tariffs
President Donald Trump’s plan to impose tariffs on America’s largest trading partners is sending ripples through the U.S. economy, as businesses and consumers alike prepare to pay Yet for Chipotle ...NBC News - 1d -
As New Tariffs Roll Out—or Don’t—Small Businesses Report Confusion and Concern
President Trump’s proposed tariffs on Canada and Mexico, and additional tariffs on China, take effect Tuesday. Other taxes could follow.Inc. - 1d -
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 - 20h -
February Manufacturing Stays Stable, Though Tariff Storm Looms
The Institute for Supply Management said output remained fairly steady, but tariffs on raw materials threaten U.S. growth.Inc. - 19h -
Inflation traders brace for short-term shock from tariffs, immigration policies
Inflation traders are positioning for a consumer-price index that produces a seven-month string of annual headline inflation readings from the consumer-price index that are near or slightly above ...MarketWatch - 14h -
Chinese-owned factories move to Cambodia to avoid U.S. tariffs
As Trump's trade war with China brings reciprocal tariffs, many Chinese firms are investing in operations elsewhere to avoid the burden. Anna Coren reports from Cambodia.CBS News - 10h -
What tariffs on Canada, Mexico and China could mean for consumers
President Trump's plan to impose 25% tariffs on nearly all goods imported from Canada and Mexico is set to take effect Tuesday. The president also plans to impose an additional 10% tariff on ...CBS News - 10h -
How Tariffs Could Raise Prices for U.S. Consumers: Avocados, Gas and More
New tariffs on goods from Canada, Mexico and China took effect Tuesday. They are likely to result in higher prices for Americans.The New York Times - 6h -
Copper smelting industry reels from threat of tariffs and China rivals
Fees charged to transform ore have fallen to all-time lows as Glencore halts operations at Philippines plantFinancial Times - 6h -
Stock markets fall after US tariffs spark trade war fears
Stock markets in the US, Asia and the UK dip after Trump tariffs kicked in and spark retaliation.BBC News - 13m -
You can still claim up to $2,000 per kid from the child tax credit, but that amount may drop after 2025—here's what to know
If Congress doesn't address the soon-expiring expanded child tax credit, parents could see a higher tax bill in the coming years.CNBC - 6d