The U.S. has imposed a 25% tariff on imported trucks ever since President Lyndon Johnson hit back at European levies on American poultry in 1963. As the Trump administration pursues a barrage of new ...

Statement: “Tariffs are a tax cut for the American people.” When Associated Press reporter Josh Boak asked about tariffs in ...

No one likes taxes -- especially President Donald Trump. If he has his way, income taxes will become a thing of the past, ...

Italy, France and Spain are among the top five exporters of wine to the United States. Trump made his threat to Europe’s ...

A value-added tax is a system of taxation widely used worldwide, although the United States is one of the few outliers that does not use it.

Democrat Senate Minority Leader Chuck Schumer mocked so-called “greedy” Republicans who want to keep the money they earned ...

As one of the European Union's top negotiators, Sabine Weyand has battled Britain over Brexit and driven tough trade talks ...

Duties on imported pickup trucks kept production within North America but also had unintended consequences.

When Europe responded to Trump’s 2018 tariffs with a 25% tax on U.S. whiskey, exports to the EU fell by 20% through 2021, ...

Virtually all economists, citing years of data and analysis, characterize tariffs as tax hikes rather than tax cuts, because much of the additional cost of the tariff is passed on to consumers ...