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As radical increases in US tariffs begin to redefine the country’s trading relationships, American consumers are getting a crash course in how taxes on imports work. Here are the basics.
CNN — New York (CNN) — Tariffs have dominated headlines since President Donald Trump took office just over two weeks ago, as he threatened steep, sweeping tariffs on goods the United States imports ...
Sweeping and long-awaited tariffs took effect after midnight Thursday, raising import taxes on merchandise from dozens of countries as part of President Donald Trump’s efforts to overhaul global trade ...
Flummoxed by the various tariffs on countries and industries, or even the difference among the types of tariffs, or even the ...
Trump's tariffs act as hidden taxes, increasing government revenue but primarily burdening American consumers and raising inflation. Deficit reduction is achieved by combining spending cuts and ...
The U.S. government could have to refund domestic businesses billions in tariffs, should the Supreme Court uphold a recent ...
WASHINGTON -- U.S. stocks tumbled on Friday in the immediate aftermath of sweeping new tariffs issued by President Donald Trump. A weak jobs report intensified the selloff, as a downward revision of ...
Trump has argued that tariffs are an effective tool to incentivize manufacturing goods in the U.S. as well as protecting jobs and encouraging consumers to purchase domestic-made products. He’s also ...
If you’ve been waiting and hoping for another stimulus check since receiving your last COVID relief payment in 2021, you may be in luck. Sen. Josh Hawley (R-Mo.) has introduced legislation that would ...
A federal appeals court struck down most of President Trump's import taxes. But the tariffs are still being collected for now ...
Shaun Beall, a small business owner in Colorado, says the tariffs are hurting the businesses they purported to protect.
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