News

Why Americans haven’t felt the brunt of Trump’s tariffs — yet
Amid all this, Trump has, as usual, been pressuring the Fed and its chair, Jerome Powell, to lower interest rates. Vice ...
Trump’s Trade and Tax Policies Start to Stall U.S. Battery Boom
Battery companies are slowing construction or reconsidering big investments in the United States because of tariffs on China ...
The Hill2mon
Yellen slams Trump tariff agenda as ‘worst self-inflicted policy wound’
Former Treasury Secretary Janet Yellen weighed in on the Trump administration ... The reciprocal tariffs do not impact Mexico or Canada, which both face a 25 percent import tax on goods not ...
USA Today1mon
Trump says tariff revenue could replace income taxes. Why economists disagree.
"There is a chance that the money from tariffs could be so great that it would replace (the income tax).” The idea may sound appealing, but economists who spoke to USA TODAY say Trump's ...
Trump’s tariffs could pay for his tax cuts — but it likely wouldn’t be much of a bargain
The tax cuts in President Donald Trump’s One Big Beautiful Bill would likely gouge a $2.4 trillion hole in the federal budget ...
Wall Street Journal2mon
An Even Dumber Idea Than Tariffs
As Mr. Trump implements—granted, haltingly—these economists’ ideas on tariffs, we should take seriously the risk that the administration will push ahead with some of their other ideas ...
CBS News2mon
Trump says his tariffs could bring in trillions in revenue. Economists disagree.
Mr. Trump has repeatedly floated the idea of using his tariff agenda to offset or even replace income taxes. "Under the American first economic model, as tariffs on other countries go up ...
USA Today2mon
Trump is rolling out more tariffs this month. Where does the tariff money go?
Trump has painted tariffs as a tool to raise revenue and offset costs associated with proposed tax cuts, going so far as to float the idea of replacing income tax with tariffs. "You're ...