News

Trump sets 25% tariffs on Japan and South Korea, and new import taxes on 12 other nations
President Donald Trump on Monday set a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on a ...
Trump’s tax law expected to spur U.S. factory investment but tariffs pose risks
U.S. manufacturers secured the business tax provisions they’d hoped for in Donald Trump’s budget megabill, but the ...
How Trump’s Tariff Revenue Helped US Government Make Bank In June
Trump’s tariff revenue quadrupled compared to a year ago and cost savings increased sharply in June to help the federal ...
Inside the trade war's tariff hideouts, ‘foreign' zones and bonded warehouses
Manufacturers and importers are storing more product in foreign trade zones and bonded warehouses to avoid Trump’s tariffs ...
Prime Day Savings? Watch Out for Sales Tax and Tariffs That Can Increase Your Total Price
That means your local sales tax rate — ranging from under 5% in some states to close to 10% or more in parts of Alabama and ...
US could collect $300 billion in tariff revenue this year, Treasury chief says
Treasury Secretary Scott Bessent on Tuesday said the U.S. has taken in about $100 billion in tariff income so far this year, ...
Trump tariffs at April 2 rates add up to the biggest tax hike ever, says economist
Carl Weinberg, chief economist at High Frequency Economics discusses President Trump's imposition of the biggest tax increase ...
The problem with Trump’s plan to tax copper is that the U.S. isn’t self-sufficient in copper
The price of copper moved upward sharply yesterday after Trump said he thought imports should be taxed at 50%. He also said ...