GOP senator says ‘tariffs is a tax’ and Trump understands ‘completely’
A GOP senator says President Trump's tariffs are a tax on American consumers, and Trump knows but the goal is to create open markets and long-term fairness
GOP senator admits tariffs are taxes that are paid by US consumers
Sen. Markwayne Mullin (R-OK) called tariffs “a tax” that he says will be passed on to consumers in an interview with CNN’s Kaitlan Collins. Mullin added that tariffs will open up markets for the US.
Tariffs Also Tax Capital, Not Just Consumption
President Trump has promised “billions and billions” of dollars in new revenue from his tariffs not to mention economic rejuvenation. The odds are not in his
Trump threatens 200% tariff on E.U. booze over tax on U.S. whiskey
President Donald Trump threatened on Thursday to impose 200% tariffs on alcohol from the European Union in response to the region's retaliatory tariffs on the U.S., further escalating tensions between two longtime trading partners.
US tariffs: how Trump’s tax is hitting Big Tech and beyond
President Donald Trump has followed through on his temporarily delayed tariff threats. The US will impose a 25 percent tariff on goods imported from Mexico and Canada, while China will face an additional 10 percent tariff on top of the 10 percent tax previously enacted.
GOPers to Trump: Maybe rethink the whole tariff thing, please?
But that in and of itself is a risky bet, given Trump has long been a tariff evangelist — it’s one of his oldest and most consistent political views, even as he’s changed course on many others — and that he’s at least talking like someone who’s in it for the long haul.
GOP senator: People in agriculture ‘get a little nervous’ about tariffs
Sen. Deb Fischer (R-Neb.) voiced support for President Trump’s tariff policies Thursday, even as she acknowledged the agricultural community can get “a little nervous” about the topic, which has dominated much of Trump’s first two months in office.
Republican Senator Exposes Trump: President Absolutely Knows Tariffs Are a Tax on Americans
Sen. Markwayne Mullin (R-OK) said Trump is fully aware that his escalating tariff war will raise prices for American consumers, contradicting the White House.
'No pain, no gain': Republican senator tells Dems to 'shut up' about Trump's tariffs
Sen. Tommy Tuberville (R-AL) said Democrats should "shut up" about the negative effects of President Donald Trump's tariffs during an interview on Fox Business on Wednesday. "No pain, no gain — that's what we used to tell our football players,
Trump threatens retaliatory 200% tariff on European wine after EU proposes American whiskey tax
Bottles Champagne are for sale at a wine dealer shop as President Donald Trump threatened a 200% tariff on European wine, ...
Here's what tariffs are and how they work
Most economists agree that tariffs are self-defeating because countries often retaliate with their own tariffs.
Trump puts tariffs on imports from Canada, Mexico, China. Where does the tariff money go?
Donald Trump has looked at tariffs as a tool to raise revenue and offset costs associated with his proposed tax cuts.
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Construction stakeholders brace for tariffs’ impacts
President Donald Trump may think tariffs is a beautiful word, as he told Congress recently, but construction executives are ...
Trump threatens 200% tariffs on alcohol from specific European countries
Bottles Champagne are for sale at a wine dealer shop as President Donald Trump threatened a 200% tariff on European wine, ...
Tariffs update: Ontario raises electricity tax for US, China targets American farm products
China has imposed new tariffs on US farm products, while Ontario is hiking electricity prices for Americans in retaliation ...
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Worried about tariffs and their effects? Look at your taxes
Here are two ways to manage the effects of tariffs in Canada, plus three statements to prepare to ensure you’ll be OK.