Vietnam’s plan to open its market to US goods with a 0% import tariff not only creates opportunities for consumers to access ...

J.M. Smucker Co., which roasts coffee for Folgers, Dunkin’ and Café Bustelo at its facilities in New Orleans and employs ...

Asked whether tariffs could be sufficiently enforced to replace income tax as a source of government revenue, Shaviro said: "In a word, no." "What the IRS mainly needs is more money and good ...

Asked whether tariffs could be sufficiently enforced to replace income tax as a source of government revenue, Shaviro said: "In a word, no." "What the IRS mainly needs is more money and good ...

Those losing net income to the tariff-income tax trade-off are unlikely to find much help from improved economic and employment conditions. 3. Tariffs could hurt the economy and cost jobs.

WASHINGTON — President Donald Trump said in a letter that he will raise taxes on many imported goods from Canada to 35%, ...

July 02, 2025 - The Internal Revenue Service (IRS) is facing a steep workforce reduction that threatens its capacity to assist businesses just as many confront growing uncertainty around global ...

Adding to the confusion of the back-and-forth rulings, a federal judge issued a ruling in a separate case earlier on Thursday to bar the Trump Administration from collecting tariffs imposed under ...

Exempt or Not, the Chip Industry Won’t Escape Tariffs. Higher prices for the many products that contain chips threaten to hit demand. By . Asa Fitch. Share. Resize. Listen (1 min) ...

The legal challenges to Trump's tariffs in court have only been a minor setback, Commerce Secretary Howard Lutnick said in a June 1 appearance on "Fox News Sunday." ...

And if tariffs on the hundreds of billions of dollars in annual U.S. imports from China are an issue of national significance, Trump’s subsequent tariffs on nearly all imports are exponentially so.