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Trump says he will tariff and tax foreign countries
U.S. President Donald Trump on Monday said he would tariff and tax countries to enrich Americans, promised an overhaul of the trade system, and said the United States would establish an "external revenue service".
New Trump tariffs could put even more downward pressure on economy because they’re less targeted
Economists say Trump’s second-term tariffs, if carried out as promised, could put even more downward pressure on the economy, because he’s framed them as across-the-board, rather than targeted to particular consumer products or commodities.
Canadian foreign minister warns of ‘Trump tariff tax’ on Americans as threat of 25% tariff looms
Canada’s foreign minister is warning Americans they will be paying a “Trump tariff tax” if President-elect Donald Trump follows through with a threat of imposing a 25% tariff on all Canadian goods.
Factbox-All of Donald Trump's Tariff Threats
However, Trump's threats have changed over time, ranging from small levies to ones exceeding 200%, leaving other nations and businesses unclear of what is to come next. Here is a roundup of Trump's trade-related threats.
7d
on MSN
Trump push to use tariffs to pay for tax cuts faces opposition in Congress
U.S. President Donald Trump is pushing a plan to explicitly use revenue from higher tariffs on imported goods to help pay for ...
SFGate
3d
What are tariffs and how do they work?
Before the federal income
tax
was established in 1913,
tariffs
were a major revenue driver for the government. From 1790 to 1860,
tariffs
accounted for 90% of federal revenue, according to ...
2d
on MSN
Irish Economy Contracts Ahead of Threat From U.S. Tax and Tariff Changes
The country’s central bank expects to see a return to growth this year and next, but it has warned that the Ireland is ...
The Economist
2h
Despite fears of a global tax war, Donald Trump has a chance to make peace
This would be an extraordinary escalation of a long-running dispute over how governments tax foreign companies. After years ...
1d
on MSN
How Trump's plan for tariffs could have impacts on national interest rates
President Donald Trump's plan for international tariffs could have impacts on national interest rates. The Federal Reserve is ...
1d
on MSN
Trump just gave his clearest picture yet of what new tariffs could look like
President Donald Trump has been talking about tariffs for so long that it feels like we know exactly what’s coming. But we ...
15h
on MSN
How China could retaliate against Trump's tariffs
China is President Donald Trump's prime target for a trade war — again. But China already put its boxing gloves on. In his ...
1d
on MSN
U.S. President Trump’s tariffs could be imposed in a matter of days
Ottawa is reportedly preparing a multi-billion dollar aid package.
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