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Trump, tariffs and income taxes

Trump is bringing in enough revenue from tariffs to have a serious impact on the $37 trillion national debt, budget watchdog says

It’s the equivalent of a new payroll tax or a 17% cut in the size of the military, according to a top think tank.

The Associated Press on MSN · 1d

US budget deficit up 20% year-over-year despite record Trump tariff income

Despite the U.S. taking in record income from President Donald Trump's tariffs in July — with a 273% increase in customs revenues (or $21 billion) from this time last year — the U.S. budget deficit is still higher,

Explícame on MSN · 1h

Trump vows to eliminate income taxes for middle class with tariffs

Trump proposes replacing middle-class income taxes with tariff revenue, a plan economists say falls far short of covering the cost.

Trump, Goldman Sachs

UPI on MSN · 13h

Trump tells Goldman Sachs to get new economist after tariff forecast

President Donald Trump called for Goldman Sachs CEO David Solomon to replace its chief economist after a prediction that consumers would pay the brunt of the cost for tariffs.

Observer · 15m

Trump Mocks Goldman Sachs CEO’s DJ Past After Bank’s Tariff Criticism

Goldman Sachs’ tariff report prompted a sharp rebuke from Trump, who mocked CEO David Solomon’s former DJ career.

Hosted on MSN · 1d

Trump rebukes Goldman's Solomon over bank's tariff research

U.S. President Donald Trump hit out at Goldman Sachs CEO David Solomon on Tuesday, saying the bank had been wrong to predict U.S. tariffs would hurt the economy and questioned whether Solomon should lead the Wall Street institution.

5hon MSN

Exclusive: US pharma tariffs likely weeks away as Trump plans for Alaska, sources say

The announcement by President Donald Trump's administration of the results of a probe into pharmaceutical imports and new ...

3hon MSN

Allies use F-35s as leverage against Trump’s tariffs

Countries are questioning their American weapons purchases, in some of their biggest pushback yet to the administration’s ...

22hon MSN

Trump's tariffs keep coming. Stock markets don't seem to care.

At least for now, the U.S. stock market is on board with President Donald Trump’s increasingly aggressive use of executive ...

6don MSN

Map Tracker Reveals Trump's New Tariffs On Every Country

Most of the new duties kicked in Thursday, hitting countries with elevated rates that mark a departure from long-standing ...

Are stimulus checks coming? What to know after Trump proposed tariff rebate

Late last month, President Donald Trump teased a potential rebate stemming from the worldwide tariffs he announced earlier this year. What we know.

6don MSN

Trump's sweeping new tariffs take effect

President Donald Trump’s sweeping new tariffs finally took effect on Thursday, slapping levies on dozens of countries and ...

Trump wanted manufacturers to diversify away from China. Now many that heeded that call face stiff new tariffs

South and Southeast Asian countries are caught in the crossfire of Trump’s trade war and are now facing some of the highest ...

Trump tariffs backfiring on US textile exporters — what it could mean to America's manufacturing 'bounceback'

Instead, the company ships batches of the compound to manufacturers around the world that produce the finished fabrics and ...

16hon MSN

South African business confidence edges up in July ahead of Trump's 30% tariff

South African business confidence rose in July, helped by higher new vehicle sales, rising manufacturing output, strong ...

1don MSN

Tariffs bring in record $27.7 billion in July as Trump calls haul 'incredible for our country'

President Trump's tariffs poured billions into US coffers in July as he continued to reshape the US trade landscape, putting ...

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