Trump wants to ‘abolish’ the IRS and replace it with tariffs. Can it work?
No one wants to pay taxes, and practically every American dislikes the IRS. But, as the saying goes, the only guarantees in ...
How Tariffs Work
Understanding who will end up paying for the higher costs means understanding how manufacturing, trade and supply chains ...
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.
Steve Cohen says tariffs and DOGE's cuts are negative for economy, market correction could be soon
The CEO of hedge fund Point72 turned bearish for the first time in a while due to punitive tariffs, immigration crackdown and ...
More potential Trump tariffs.
President Trump signed a memo to have his administration “consider responsive actions like tariffs to combat the digital service taxes (DSTs), fines, practices, and policies that foreign governments ...
What are reciprocal tariffs and how do they work?
President Donald Trump is taking his enthusiasm for tariffs to a new level. In his latest move, he has announced a policy of ...
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 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 ...