The post Tariffs Raise Prices, Spark Conflicts, and Make Everyone Poorer appeared first on Reason.com.

Here’s what we know so far about the potential revenue from Trump’s tariffs and where the money could flow. A tariff is a tax on goods imported from another country. U.S. companies tend to ...

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 ...

JUNEAU — The Alaska Department of Revenue forecast on Wednesday that the state would see a bigger deficit in the next fiscal year due to lower-than-expected oil prices. The Legislature is facing a ...

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.

Trump threatened to impose a 200% tariff on wine and liquor imported from the European Union. The potential tariff is in response to the EU's proposed tariff on American whiskey. If the tariff on ...

Lam Research's position in the AI tech boom boosts its value. See why LRCX stock’s 28.5% undervaluation and strong financials offer long-term potential.

President Donald Trump wants to replace income tax revenue with tariff revenue, says NEC Director Kevin Hassett. Tax Foundation projects that potential tariff revenues would make up only a small ...

Congress has run a deficit every year since then. During his inauguration, Trump touted the benefits of tariffs. He said tariff revenue would make the U.S. "rich as hell " and lower the tax burden on ...

Importers will have to make changes to pay new tariffs on goods from Canada, Mexico and China, and government agencies will ...