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.
Canadian foreign minister warns of ‘Trump tariff tax’ on Americans as threat of 25% tariff looms
Canada’s foreign minister is warning Americans they will be paying a “Trump tariff tax” if President-elect Donald Trump follows through with a threat of imposing a 25% tariff on all Canadian goods.
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.
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, the latter of which the Senate Committee on the Budget found would add $4.6 trillion to the deficit.
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.
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 has several avenues for rolling out tariffs on his first day — and Americans could see prices increase soon after
It'll take time for Trump's tariffs to be implemented, but goods could still start getting more expensive in the meantime.
IMF sees steady global growth, but warns that Trump tariff, tax and deportation plans cloud outlook
EMBARGO TO FRIDAY JAN 17 AT 9 A.M. ET The International Monetary Fund expects the world economy to grow a little faster and ...
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 ...
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.