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The Hill2mon
Yellen slams Trump tariff agenda as ā€˜worst self-inflicted policy woundā€™
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).ā€ 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 Trumpā€™s One Big Beautiful Bill would likely gouge a $2.4 trillion hole in the federal budget ...
Newsweek2mon
'Bad Idea': Republicans Raise Alarm Over Donald Trump's Tariffs
Pence, who served as vice president during Trump's first term, wrote on X, formerly Twitter, on Wednesday: "The Trump Tariff Tax is the largest ... tariffs were a "bad idea" for the ...
Wall Street Journal1mon
An Even Dumber Idea Than Tariffs
As Mr. Trump implementsā€”granted, haltinglyā€”these economistsā€™ ideas on tariffs, we should take seriously the risk that the administration will push ahead with some of their other ideas ...
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 ...
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 ...