Tariffs Are a Tax on Consumers, According to Most Economists. This Trump Adviser Says They’re All Wrong.
Steven Miran, Trump’s head of the Council of Economic Advisers, wrote a paper defending tariffs and arguing that tariffs are borne by foreign producers and that the rise in the dollar reduces the cost to Americans.
Massive new Trump tariffs are looming. Here’s how these import ‘taxes’ work and who pays for them
New tariffs are likely coming in Trump’s second term. While companies owe these import taxes, consumers usually foot the bill.
Canada warns of 'Trump Tariffs Tax' as trade war looms over US tariff plans
US-Canada trade war looms as President-elect Donald Trump prepares for his inauguration with no signs of backing out of proposed tariffs
Canada vows ‘Trump tax’ on US in hard-hitting response to tariffs
Foreign Minister Joly says the country is ready to apply ‘maximum pressure’ in what would be the biggest trade war with the US in decades.
Canadian foreign minister warns of 'Trump tariff tax' on Americans as threat of 25% tariff looms
Canada's foreign minister on Friday warned Americans they will be paying a “Trump tariff tax” if President-elect Donald Trump follows through with a threat to impose a 25% tariff on all Canadian goods.
A top Canadian official explains how Canada will respond to Trump’s tariffs
Canada is prepared to retaliate if President-elect Donald Trump imposes tariffs on the country. Canada’s Foreign Minister, Mélanie Joly, says if Trump does this, “he’s starting a trade war.”
Trudeau Creates US-Canada Council Amid Trump Tariff Threat
Trump has threatened to impose tariffs on all Canadian products unless Canada curbs what he claims is a flow of migrants and drugs into the U.S.
Justin Trudeau launches Canada-US council as Trump's tariff threats loom
Outgoing Canadian Prime Minister Justin Trudeau announced Thursday the formation of a Canada-U.S. relations council to support the federal government as it deals with incoming U.S. President Donald Trump’s threat to impose a 25% tariff on all imports from Canada.
Canada prepares to respond to US tariffs if Trump follows through on threats – Foreign Ministry
Canada is prepared to respond to US trade tariffs if President Donald Trump follows through on his threats immediately after his inauguration, Reuters reports. If Trump proceeds with his threats, it could severely impact the economy,
Trump says he will create an ‘External Revenue Service’ agency to collect tariff income
The creation of a new agency requires an act of Congress, and Republicans hold the majority of both the House and the Senate.
Voters wary of Trump’s tax cuts and tariff policy, new poll says
Trump has promised a sweeping economic overhaul, including high tariffs on major U.S. trading partners and massive tax cuts, ...
Maine Public2h
Rep. Golden says universal tariffs will encourage switch to domestic manufacturing
While Maine's 2nd District congressman is out of step with many of his Democratic colleagues on tariffs, he points out that ...
How Tariffs on Chinese Goods Could Affect Your Grocery Bill
Trump's planned 60% tariffs on Chinese imports won't just affect electronics—they could drive up grocery prices too. Learn ...
House Budget Republicans eye more than 200 spending cuts, tax changes for major bill
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...
How Trump’s proposed tariffs could affect auto insurance
When the cost of repairing and replacing vehicles increases, these costs trickle down to insurance companies, who pass them ...