How Trumps Tax Cuts and Tariffs Could Turn into Law

The markets could have the final say on Trump’s tax cuts and tariffs

Financial markets could wind up as the final arbiter about whether he has gone too far.

Politics - The Hill - 4 days ago

Here’s what can stall Trump’s tax and tariff plans

Surging 10-year Treasury yields could temper Trump administration plans that risk growing the large U.S. deficit.

Business - MarketWatch - November 6

How Trump and Republicans could pay for new tax cuts

President-elect Trump and Republican lawmakers are gearing up to push a massive tax-cut bill through Congress next year but will face pressure to find ways to cover the costs. While Trump and many ...

Politics - The Hill - 12 hours ago

Former Treasury Secretary Mnuchin says Trump's top priorities will be tax cuts, Iran sanctions and tariffs

Tax cuts are 'a signature part of his program,' Mnuchin said in a "Squawk Box" interview.

Business - CNBC - November 7

How Trump’s Plans for Mass Deportations, Tariffs and Fed Could Affect the Economy

Economists are trying to guess at how Trump policies could affect growth and inflation. The uncertainties are huge.

Business - The New York Times - Yesterday

Trump Flirts With the Ultimate Tax Cut: No Income Taxes at All

The former president has repeatedly praised a period in American history when there was no income tax, and the country relied on tariffs to fund the government.

Business - The New York Times - October 24

Will Trump’s tariffs cause price hikes in electronics? Here’s how his plans could lead to trouble in the semiconductor industry

The semiconductor industry could be facing some serious trouble next year, if President-elect Donald Trump follows through on some of his campaign promises.

Business - MarketWatch - 3 days ago

Trump tariffs could cost UK £22bn of exports

The UK could face a £22bn hit to its exports if Donald Trump carries out his tariff threats, researchers say.

How advocates predict Trump's 2024 win could impact gun violence prevention laws

ABC News follows gun violence survivor Drew Spiegel and Rep. Maxwell Frost as they push for stricter gun laws.

Trump doubles down on replacing income taxes with tariffs in Joe Rogan interview

Vice President Kamala Harris has attacked the tariff policy proposed by Donald Trump, calling it effectively a "sales tax" on Americans.

Business - CNBC - October 26

Trump's tariff proposal needs a makeover: A border-adjusted tax

President-elect Donald Trump's proposed tariff policy could be replaced by the Destination-Based Cash Flow Tax, which would tax cash associated with U.S. consumption while exempting cash associated ...

Politics - The Hill - November 12

Election 2024: How Trump vs. Harris could shape taxes, home prices and grocery costs

Your guide to where the presidential candidates stand on key economic and money issues.

Business - MarketWatch - November 2

How Trump’s win could shake up taxes, jobs and interest rates — and what that means for your money

You don’t need to be a rocket scientist to understand why Donald Trump won the U.S. presidential election. Most Americans have said, consistently, that the economy is on the wrong track.

Business - MarketWatch - November 9

Tariffs and taxes are not very inflationary

Households will pay, but probably not through much higher prices

World - Financial Times - 10 hours ago

Goldman Sachs cuts European growth and earnings forecasts as Trump tariffs loom

The Trump regime will hit European economic growth and reduce company earnings, though the continent’s defense sector may prosper.

Business - MarketWatch - November 8

Steve Madden says it will cut production in China to avoid Trump tariffs

The footwear- and accessory-maker says it already has a plan in place to reduce its reliance on imports from China.

How Trump Superfan Elon Musk’s Plan to Cut $2 Trillion in Spending Could Mean Economic Chaos

The GOP candidate has spoken of making the billionaire CEO in charge of a ‘Department of Efficiency,’ but experts warn those dramatic reductions could mean instability and turmoil.

Business - Inc. - October 30

Trump Promised Sweeping Economic Changes. Can Republicans Turn Them Into Law?

Republicans are juggling complex political and tactical questions as they plan their congressional agenda next year.

Business - The New York Times - 7 hours ago

Markets look past Trump tariffs, but they could be ‘life or death’ for some companies

Donald Trump’s most consistent policy commitment is to tariffs, or taxes paid by U.S. importers of foreign goods.

Business - MarketWatch - November 6

Trump's proposed tariffs could raise prices for consumers and slow spending

President-elect Donald Trump has proposed stiff tariffs on imported goods, which could lead to higher prices and softer spending.

Business - CNBC - November 6

Could Trump’s Tariffs Lead to Higher Prices? Here’s What to Know.

The president-elect says that tariff is “the most beautiful word in the dictionary.” You may be hearing it a lot.

Business - The New York Times - November 7

Europe could try to stop — or get around — damaging Trump tariffs

Donald Trump's U.S. election win has left Europe scrabbling to work out how it will be able to contain — or counter — probable tariffs on its exports to the U.S.

Business - CNBC - November 11

Trump’s Tariffs Could Deal a Blow to Mexico’s Car Factories

The president-elect has said he could impose punitive tariffs on car imports from Mexico, a move that could hurt factories and workers on both sides of the border.

Business - The New York Times - November 12

What could Trump's return, and his tariffs, actually mean for China?

Could the tariffs Trump's threatened to slap on Chinese imports backfire and help Beijing? Some experts say they will.

Trump tariffs — and possible exemptions — could provide opportunities for Britain

President-elect Donald Trump's proposed trade tariffs could prove boon for the U.K., with analysts pointing to potential exemptions, economic upswings and the likely resumption of trade deal talks.

Business - CNBC - 6 days ago

Trump Tariffs Could Hurt Shrinking Global Luxury Goods Market

Despite seeing a post-recession bump, luxury good sales are declining and may be hit hard by Trump tariffs.

Business - Inc. - 5 days ago

The IRS reveals your 2025 tax brackets as Trump’s tax cuts are set to expire

The standard deduction will be $15,000 for individuals next year, and $30,000 for married couples filing jointly.

Business - MarketWatch - October 22

Here's how Harris and Trump's tax plans would impact your taxes

Harris and Trump both have proposed historically large tax overhauls. Here's what to know.

Ryanair warns air travel tax rises mean 10% of its UK flights could be cut

CEO Michael O’Leary says decision to raise passenger duty ‘will deliver cuts, not growth’

Business - Financial Times - November 1

Jim Cramer explains why the promise of tax cuts could have sent stocks lower on Tuesday

CNBC's Jim Cramer suggested that if Trump's new tax plans are similar to those he implemented in 2016, wealthy people will stand to benefit the most.

Business - CNBC - 6 days ago

From higher tariffs to lower taxes, will Donald Trump’s economic plan pay off?

There is a strong chance the president-elect’s radical strategy going wrong, with a high risk of rising prices, inflation and interest rates. Business live – latest updates It’s the economy, ...

World - The Guardian - November 8

Trump’s tax plans: $7,500 EV credit likely to get axed, as tariffs spark anxiety

One tax credit that appears on track for elimination is an Inflation Reduction Act provision that can provide up to $7,500 to buyers of electric vehicles.

Business - MarketWatch - November 12

How new tax changes for 2025 could affect federal tax liabilities for families

The IRS has announced new changes affecting the earned income tax credit, child tax credit, adoption credit and annual gift tax exclusion for 2025.

Business - CNBC - October 22

What Trump's return to the White House could mean for the economy and taxes

Voter frustration with their economic lives was central in propelling Donald Trump to a second term.

Reeves hints UK will urge Trump not to raise tariffs as economists fear his policies will cut growth – UK politics live

Chancellor says UK’s trading relationship with US is ‘absolutely crucial’ and promises not to be a ‘passive actor’. Another Labour politician who has criticised Donald Trump strongly in the past ...

World - The Guardian - November 6

How Trumps Tax Cuts and Tariffs Could Turn into Law

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