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Trump, tariffs and Tax Cut

Trump's tariff strategy could pay for his tax bill, but only if they stick, experts warn

The CBO projects Trump's tariffs could reduce the deficit by $2.8 trillion while his tax bill would add $2.4 trillion, but experts from across the political spectrum question whether the tariff revenue is sustainable.

The New York Times · 1d

To Pay for Tax Cuts, Trump Touts Tariff Revenues That May Be Fleeting

The president cited figures from the Congressional Budget Office to suggest tariffs could offset the cost of tax cuts, though he omitted important caveats for why that may not be the case.

Boise State Public Radio · 13h

CBO says Trump's tariffs could cut U.S. deficit by $2.8 trillion over 10 years

A forecast from the nonpartisan Congressional Budget Office this week says Trump's tariffs could shave $2.8 trillion off the federal debt over the next decade, if they remain in place.

Trump, Steel and Tariffs

Los Angeles Times · 1h

Carmakers use stealth price hikes to cope with Trump’s tariffs

Car buyers racing to get ahead of President Donald Trump’s tariffs face an uncomfortable truth — the trade war is already boosting US auto prices, often in ways nearly invisible to consumers.

Forbes on MSN · 2d

Trump’s Steel Tariff Hike Takes Effect—Here Are The 22 Times He’s Changed His Mind On Tariffs

Trump and his aides have repeatedly shifted their stance on tariffs in the weeks since the president’s “Liberation Day” announcement.

Associated Press News on MSN · 2d

Trump’s promised steel and aluminum tariffs go into effect

U.S. President Donald Trump hiked nearly all of his tariffs on steel and aluminum imports to a punishing 50% on Wednesday in a move that’s set to hammer businesses from automakers to home builders, and likely push up prices for consumers even further.

Trump, tariff and trade deficit

Bloomberg · 36m

South Korea Says Trump Agrees to Ramp Up Tariff Talks With Lee

South Korea said newly elected President Lee Jae-myung spoke for the first time with Donald Trump and agreed to seek “tangible results” in trade negotiations, after the US leader imposed a 25% tariff on all imports from its Asian ally.

The Associated Press on MSN · 1d

China and US agree to more tariff talks amid trade standoff, Trump says after call with Xi

China and the U.S. have agreed to more tariff talks amid a trade standoff and concerns over rare earths, President Donald Trump said Thursday after a call with China's leader. Trump and Chinese leader Xi Jinping spoke on Thursday at a time when stalled tariff negotiations between their two countries have roiled global trade.

MiBolsilloColombia on MSN · 1d

Federal Reserve highlights uncertainty from Trump's Tariffs, yet U.S. trade deficit narrows

President Donald Trump's tariff policy aims to reduce the U.S. trade deficit, deemed a threat to economic prosperity.

US, Tariffs

Daily Journal · 1d

US trade gap plummets as Trump tariffs take hold

The US trade deficit more than halved in April as President Donald Trump's global tariffs reversed an import surge that preceded the new duties.

BBC · 1d

Tariffs prompt record plunge in US imports

Goods brought into the US plunged by 20% in April, recording their largest ever monthly drop in the face of a wave of tariffs unleashed by US President Donald Trump. The retreat reflects the abrupt hit to trade,

The Boston Globe · 1d

Imports plummet in April as tariffs weigh on trade

US imports of foreign made goods fell sharply in April compared with the previous month, as tariffs clamped down on global trade. Much of the 16.3 percent drop from March, however, reflected the fact that importers rushed to bring many goods into the United States at the beginning of the year to get ahead of tariffs ordered by President Trump.

13h

Trump tariffs live updates: Trump, Xi Jinping speak at last as US and China lean on key exports in trade fight

President Trump and Chinese leader Xi Jinping spoke on Thursday, and both countries pledged to restart tariff and trade talks ...

2don MSN

Donald Trump pushes forward on tariffs despite court challenges: What to know

President Donald Trump is hiking tariffs on aluminum and steel as his administration presses countries to speed up trade ...

6hon MSN

South Korea's Lee, Trump agree to work towards swift tariff deal, Lee's office says

By Joyce Lee, Hyunjoo Jin and Trevor Hunnicutt SEOUL/WASHINGTON (Reuters) -U.S. President Donald Trump and South Korea's new ...

2don MSN

Trump's 50% steel and aluminum tariffs take effect today. Here's what could get more expensive.

The 50% steel and aluminum tariffs could lead to higher prices on everything from cars to home and office supplies.

19hon MSN

Sweden is feeling the heat from Trump tariffs — and there's more to come

Sweden's economy and households are already feeling the heat from U.S. President Donald Trump's trade tariffs, the country's ...

2don MSN

Trump's tariffs would cut US deficits by $2.8T over 10 years and shrink the economy, CBO says

President Donald Trump’s sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period while shrinking the ...

11hon MSN

Trump tariffs 'to hit NI growth and jobs'

US President Donald Trump has imposed a blanket 10% levy on most goods from trading partners around the world.

1don MSN

Rising prices, war rooms and layoffs: The cost of Trump’s tariffs is coming

Retailers, wholesalers and distributors say shifting U.S. trade policies have led to pervasive uncertainty as they gear up ...

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