One of President Trump’s proposals for his new term is to abolish the federal income tax and replace it with tariffs as the primary revenue source for the US federal government. In a brilliant ...

In fact, tariffs were the primary source of revenue for the U.S. government during its early days until the federal income tax was established in the early 20th century. Today, tariffs are a ...

Tariffs are typically charged as a percentage of the price a buyer pays a foreign seller. In the United States, tariffs are ...

Foxconn's revenue growth is driven by AI, cloud computing, and new product launches, but faces challenges from tariffs and ...

That followed the president’s declaration Wednesday evening that the government would be taking in “tremendous tariff money.” Another part of the revenue answer, according to the Trump ...

Listuguj, a Mi'gmaq First Nation is located in the Gaspé region of Quebec, is bracing for the impact of the tariffs imposed ...

The recent tariff hike in the nation’s marítime sector has been linked to the N14.260 trillion revenue targets slammed on the various agencies in the sector by the National Assembly.

President Donald Trump has announced that he’s imposing a tariff on goods from some of ... fully and expediently process and collect tariff revenue.” In the two days since President Trump ...

Agencies US President’s top aides cite generating income as aim for duties President Donald Trump and his economic team are increasingly focusing on the revenues his tariffs would generate as he seeks ...

Even when accounting for tariff revenue, the estimated real income loss in 2018 ranged from $6.9 billion to $7.2 billion. Major U.S. companies such as Walmart, AutoZone and Lowe’s have already ...