American consumers, battle-scarred by the pandemic and the subsequent surge in inflation, are already changing their spending patterns and delaying some purchases due to President Donald Trump’s chaotic tariff policy and the broader economic uncertainty,

Tariff revenues are up, but experts say they can’t replace income taxes due to economic and legislative limits.

Eric Winograd - Tariffs are a tax, and they’re a tax paid by the domestic entity that imports goods from overseas. And like any tax, they have economic impacts. Tariffs push prices up, and they push growth down.

President Donald Trump campaigned on tariffs as the central thesis of his trade policy, and wasted no time imposing them on friend and foe alike after taking office. Consider This: 4 Mistakes

It's hard to keep track of when tariffs start; some are already here, and President Donald Trump has floated more.

President Donald Trump’s tariff policies are projected to cut California’s tax revenue by $16 billion in the next fiscal year, Governor Gavin Newsom’s finance department said in a memo.

Rather than waiting for clarity, industry leaders are shifting from a reactive to strategic approach—adjusting their financial models, planning timelines and investment strategies to remain competitive in a landscape full of variables.

Like fellow Big Pharmas Eli Lilly and Johnson & Johnson, Amgen is urging the Trump administration to consider tax policy instead of tariffs to promote domestic pharma manufacturing.

U.S. President Donald Trump plans to replace income taxes with tariffs, but what does that mean for the average middle-class American? “Donald Trump announced the External Revenue Service, and his goal is very simple: to abolish the Internal Revenue Service and let all the outsiders pay,