Could Trump's tariffs replace the income tax? Here's what economic policy experts say
During the campaign, President Donald Trump floated an "all tariff policy" he said would replace federal income tax. Here's what economic policy experts say.
Tariffs May Add $1,700 To Average Tax Bill, Hike Prices And Cut Income, Say Experts
Higher tariffs could worsen the squeeze on American families by increasing their taxes, lowering their income, and requiring them to pay more for tariffed goods.
US tariffs: how Trump’s tax is hitting Big Tech and beyond
President Donald Trump’s sweeping tariff threats have been touch and go. As it stands currently, the 25 percent tax on goods from Mexico and Canada is on ice for a month, but a 10 percent tariff on Chinese goods is set to take effect on Tuesday, via an executive order of questionable legality.
Top Trump adviser says new tariffs will pay for eliminating taxes on tips
The Trump administration hasn’t given up on the idea, according to Peter Navarro, a top adviser to the president who said Tuesday that new revenue from tariffs will be used to eliminate taxes on tips. That comes even as Republicans struggle to come up with enough revenue to make Trump’s 2017 tax cuts permanent, at a cost of more than $4 trillion.
Tariff Diplomacy Means Crank Up the Trump Tax Cuts Into One Big Beautiful Bill Now
The president scores two big wins in his use of tariffs to protect both national and economic security. Tariff diplomacy means crank up the Trump tax cuts right now. One thing we’ve learned about President Trump’s tariff diplomacy is that he’s not bluffing.
2025 Budget Stakes: High-Income Tax Cuts, Price-Hiking Tariffs Would Harm Families
High-income households and profitable corporations would grow even wealthier under Republican proposals for trillions of dollars in new or extended tax cuts, even as Republican proposals
Trump’s new 10% tariffs on China take effect — Beijing responds with retaliatory taxes on US imports
The 10% additional tariff on imported Chinese goods came into force at 12:01 a.m., hours after the leaders of Mexico and Canada were able to negotiate a 30-day pause on the implementation of
Trump’s Move to Put Tariff Hikes Ahead of Tax Cuts Has Spooked Almost Everyone
The president has an ambitious economic plan, starting with trade, and doesn’t appear interested in negotiations—yet.
Trump Says Americans Could Feel 'Some Pain' From Tariffs as He Threatens More Import Taxes
President Donald Trump says Americans could feel “some pain” from the emerging trade war triggered by his tariffs against Canada, Mexico and China
What's latest on Trump's tariffs? Here's where things stand with Mexico, Canada and China
Donald Trump announced tariffs on imports from Mexico, Canada and China, but has paused two of them while the other issued ...
How Tariffs Are Used to Protect Domestic Industries
One reason governments use tariffs is to protect domestic industries. However, tariffs can have downsides, including reducing the purchasing power of consumers.
Trump tariffs on Canada and Mexico could drive up the cost of these products
President Trump imposed 25% tariffs on imports from Mexico and Canada starting Saturday, as well as an additional 10% tariff ...
Trump’s China tariffs are shutting the big loophole that make Shein and Temu so cheap
When President Trump pushed ahead with a 10% tariff on all Chinese merchandise, he also closed the century-old de minimis ...
Trump tariffs prompt warnings from trade groups
Several trade groups are sounding the alarm that President Donald Trump's tariffs on goods from Canada, Mexico and China will ...
What are the tariffs at the center of Trump’s foreign policy?
The levies have prompted concerns of higher prices for consumers purchasing cars, refrigerators, produce and other items that the U.S. typically sources from abroad.