You’ve surely read that tariffs would just tax regular Americans. You may not have read how they’d work to make the rich ...

In recent years, there has been a resurgence of the idea that protective tariffs can restore America's economic greatness, ...

Perhaps the silliest of all tariff myths is the one Donald Trump keeps repeating. By law, a U.S.-based person or company ...

Former President Donald Trump and Republican vice presidential nominee Sen. JD Vance continue to falsely describe how one of ...

IRWIN: I divide it up into three parts. Before the Civil War, tariffs were very important as a revenue-raising device for the government. It was the main tax that the federal government levied to ...

Trump has said in the past that tariff revenue would help to offset the budget deficit, or maybe replace the income tax entirely. More recently, he has said tariff revenue would instead go into a ...

Tariffs are a customs duty paid by American importers. The Treasury Department reports revenue from customs duties the same as it reports revenue from income and corporate taxes. The government ...

Other countries can fight against that by imposing steep tariffs on subsidized goods to re-level the playing field. The federal government gains revenue in the process, while consumers bear the ...

"Every dollar of tariff revenue is going to come about through higher prices on Americans," Wolfers said. "It would be the sharpest inflation shock in quite some time." Some economists and ...

In recent years, there has been a resurgence of the idea that protective tariffs can restore America’s economic greatness, based on the interpretation that they fueled our growth in the ...