Since taking office, Mr. Trump has raced to enact his economic vision, aiming to pair generous tax cuts with sweeping ...

WASHINGTON—President Trump keeps suggesting that tariffs can replace income taxes for most Americans. One big problem: The math doesn’t work.

"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 ...

A 50 percent tax on European imports would hit the continent hard, hurt the U.S. economy and slow growth globally.

Most companies, especially in the U.S. and China, say they will have to increase prices because of the Trump administration’s ...

President Trump on Sunday again raised the idea that his tariffs might generate enough revenue to eventually allow income taxes to be eliminated, at least for some people. Spoiler alert ...

Trump's wide-ranging tariffs have been dubbed "worse than the worst-case scenario," but the specifics of the plan and what it'll mean for you have continued to change.

Here's what Republicans critical of Trump's tariffs have said. Pence, who served as vice president during Trump's first term, wrote on X, formerly Twitter, on Wednesday: "The Trump Tariff Tax is ...

Wall Street had its worst week since early April after President Trump said he would impose steep tariffs on E.U. goods and ...

Trump's new tariff formula is estimated to cost families an average of $2,500 for items they were going to buy – and send ...

President Trump says his tariffs may raise enough revenue to replace the income tax, so why is he afraid ... $55.” The idea is to let shoppers know that Washington, not Amazon, has raised ...