Virtually all economists, citing years of data and analysis, characterize tariffs as tax hikes rather than tax cuts.
A value-added tax is a system of taxation widely used worldwide, although the United States is one of the few outliers that does not use it.
Duties on imported pickup trucks kept production within North America but also had unintended consequences.
Here’s Milton Friedman, who won a Nobel prize and was the most important economist of the 20th century, on tariffs: “We call ...
President Trump has promised “billions and billions” of dollars in new revenue from his tariffs not to mention economic ...
U.S. Federal Reserve Chair Jerome Powell said on Wednesday that President Donald Trump's tariff increases would delay ...
Jerome Powell, the Fed chair, said that “further progress may be delayed” on inflation because of tariffs. Officials kept ...
No one can predict with certainty how the stock market will react to economic changes in the short term or long term. However ...
President Donald Trump told reporters he does not intend on creating exemptions on the 25% steel and aluminum tariffs that ...
President Donald Trump’s tariff policies are slowing economic growth in the United States and around the world while sending prices higher again, creating a toxic stew for the global economy that ...
Virtually all economists, citing years of data and analysis, characterize tariffs as tax hikes rather than tax cuts, because much of the additional cost of the tariff is passed on to consumers ...