Trump, tariff and Value-added tax

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.
Wisconsin's Democratic governor calls for tax cuts, push back on Trump's tariffs
Wisconsin's Democratic Gov. Tony Evers on Tuesday proposed cutting taxes by nearly $2 billion, echoing a priority of Republicans, while also outlining a plan to fight water pollution and push back on President Donald Trump's tariffs.
VAT Vs. Sales Tax: What We Know As Trump Signs Reciprocal Tariffs
VAT is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to the point of sale. Each participant in the supply chain pays VAT on their purchase price and charges VAT on their sales price, making this system widely prevalent in over 160 countries, particularly in the European Union.
Trump plans to impose new US tariffs on countries with value-added taxes
President Trump on Saturday announced that value-added tax systems in other countries will be treated like tariffs — and included in his new plan to impose US levies to match.
Gov. Evers calls for tax cuts, pushback on Trump’s tariffs in budget address
Evers has clashed with Republicans over tax cuts in the past, gutting a $3.5 billion tax cut in the last budget, while approving a $2 billion tax cut in 2021. In his new budget, Evers called for cutting a variety of income, sales, and property taxes by nearly $2 billion, while increasing the income tax on millionaires by $1.3 billion.

Trump considers 25% tariff on imported cars

The Surprising History Of Tariffs And Their Role In U.S. Economic Policy
Since the 1930s, the U.S. has moved away from protectionism in favor of trade liberalization. Agreements like the General ...
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Trade wars 101: A look back at tariffs
Behind the Tariff Act of 1930, the current trade war is the second broadest over the last century, Tax Foundation Senior ...
What Are Reciprocal Tariffs and Who Might Be Impacted by Trump’s Plan?
Here’s what you need to know about reciprocal tariffs and who might be impacted by Trump’s plan. Reciprocal tariffs refer to ...
Tariffs Can Mess With Tax Reform — It’s Happened Before
Joseph J. Thorndike examines how tariff policy in the 19th century slowed the introduction of the modern income tax.
How will Trump tariffs on China, Canada, Mexico hit Mississippi business and industry?
The Mississippi economy relies on trade with Canada, Mexico, China. What will happen when Donald Trump tariffs hit the state?
Trump says he will introduce 25% tariffs on autos, pharmaceuticals and chips
U.S. President Donald Trump said on Tuesday he intends to impose auto tariffs "in the neighborhood of 25%" and similar duties ...
Trump Says Value-Added Taxes Will Be Considered Tariffs: What To Know About His Reciprocal Tariff Plan—And Its Inflation Impact
President Donald Trump revealed his most sweeping economic measure yet Thursday, announcing reciprocal tariffs that could ...
Trump threatens new tariffs on autos as trade war rapidly expands
The tariffs puts some of the biggest brands in Japan, Germany and South Korea in the crosshairs. Imports accounted for about half the U.S. auto market.