Economists have been skeptical of whether revenue from tariffs could actually offset income tax for Americans, despite President Donald Trump repeatedly saying it will.

Trump also has expressed interest in preserving and expanding the tax cuts passed during his first term, many of which are set to expire at the end of the year. His proposals include exempting workers’ tips and Social Security earnings from taxation and cutting the corporate tax rate further to 15% from 21%.

Trump vowed in a post on Truth Social that income taxes for many Americans will be “substantially reduced” or even “completely eliminated” in the wake o

Is 100 days enough time to evaluate this president? His supporters generally don't think so, but others do — perhaps because most Americans think President Trump is already maki

President Donald Trump’s April 9 decision to hike tariffs on China hit as Steve Egan, a promotional product distributor in Tampa, Florida, was in the middle of ordering 5,000 rubber ducks from a Chinese vendor.