After President Donald Trump announced on Thursday that he would be imposing reciprocal tariffs in response to “unfair” trade practices from other countries, sources revealed that Canada’s general ...

President Donald Trump said Saturday value-added taxes, taxes levied to goods during each stage of production which are ...

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

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 ...

Today’s tariffs usually refer to international trade. But there’s a distinctly old-school, fire-and-brimstone flavour to ...

China hits back with export controls, Canada and Mexico remain under threat. USPS closes then reopens "de minimis" small ...

While the White House is claiming Canada's pledge to spend $1.3bn (£1bn) on a border protection plan has given it diplomatic ...

One reason governments use tariffs is to protect domestic industries. However, tariffs can have downsides, including reducing the purchasing power of consumers.

Trump discussed the tariffs in a series of posts on his social media platform, Truth Social. One update announced the official orders of the tariffs, stating that the decision was made to “protect” ...

This means individuals earning ₹25 lakh can save up to ₹1.1 lakh under the new regime. India’s Goods and Services Tax (GST) collections for January 2025 reached ₹1.96 lakh crore on Saturday (February ...