The White House said Canada, along with France, both levy digital taxes, and they cost U.S. firms $2 billion a year.

THE Bureau of Internal Revenue (BIR) last Jan. 16 issued Revenue Regulations (RR) 3-2025 implementing provisions of Republic ...

The president says the VAT system used across Europe gives other countries unfair trade advantages. Here’s how the system ...

Dozens of states have a general sales tax. In Illinois, the tax covers consumer goods, but not services. That's a mistake, ...

In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...

President Trump has long celebrated William McKinley's tariff policies. Vintage photos show how they affected Americans.

Put simply, a tariff is a tax placed on the cost of importing or exporting goods by a certain country. A 60% tariff on Chinese imports would therefore be a 60% tax on the cost to import, say, computer ...

VAT is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to ...

Despite recent market concerns over the impact of tariffs, our previous experience suggests that stagflation is not likely to ...

The rapid-fire shots of tariffs and import curbs hearken back to Trump’s first term in office, when the U.S. and China ...

Sellers and shoppers on the two sites say they saw items disappear and prices go up after President Donald Trump implemented ...

Modi's visit came as Trump ordered that US trading partners should face reciprocal tariffs - tit-for-tat import taxes to ...