Trump already has the ability to impose replacement tariffs to make up nearly three-quarters of the tax revenue the Supreme ...
President Trump is floating an idea that could appeal to millions of budget-strained households: using tariff revenue to reduce, or even eliminate, the federal individual income tax. But tax experts ...
Tariffs were supposed to be the rare policy that tackled two problems at once, slowing imports while throwing off enough cash to help tame the federal debt. Instead, the latest customs figures show ...
It’s been a rollercoaster of a year for U.S. trade policy. President Donald Trump launched a barrage of new tariffs in 2025, plunging the U.S. into trade wars with nearly every country in the world.
A coalition of states led by Oregon says President Trump does not have the authority to levy widespread import taxes. The White House argues that tariffs are needed to address trade imbalances and ...
President Donald Trump has unilaterally imposed hundreds of billions of dollars in import taxes on American businesses and consumers. The official reasons he’s given for this have mostly clustered ...