The debate on tariffs ignores a very big issue: the tax wedge. A tariff is a tax, and a tax is a wedge, an obstacle between buyer and seller. How harmful the tax wedge is, of course, depends on its ...

A South Korean diplomat on Monday reiterated Seoul's commitment to accelerating trade talks with U.S. President Donald Trump's administration over the next two weeks, hoping for a deal that expands ...

The Supreme Court is allowing President Donald Trump to put his plan to dismantle the Education Department back on track and go through with laying off nearly 1,400 employees.

Trade may have been the main narrative for stock markets on Monday, but less so bonds, which also had the shadows of Federal ...

Pernod Ricard, maker of Jameson whiskey, was down 1.5%, while cognac maker Remy Cointreau sank 4%. Rival Diageo, where sales ...

President Donald Trump extended his "Liberation Day" tariff pause and sent letters to trading partners announcing new tariff ...

Critics say the tariff on Brazil could further erode the Trump administration’s credibility as it pursues an aggressive trade ...

The Cato Institute and the New Civil Liberties Alliance urge the Federal Circuit to extend the logic of a decision against ...

President Trump has long celebrated William McKinley's tariff policies. See how those policies affected everyday Americans in ...

Edmunds reports that auto tariff uncertainty is affecting buying decisions, with many shoppers adjusting their timelines amid ...

Tariffs have been a part of the American fabric since 1789. President Trump has placed tariffs at the center of todays debate ...

The seesaw between tariff income and tax income took a sharp one-way move when the Underwood-Simmons Tariff Act of 1913 cut tariffs to under 40 percent while endorsing a new federal income tax.