President Donald Trump has made a bold claim about the projected efficacy of his sky high tariffs, which essentially kicked off a trade war and rattled the U.S. stock market.

President Trump is vowing such success with his widely-derided tariff plan that income taxes could be "completely eliminated" for many American workers.

Trump's wide-ranging tariffs have been dubbed "worse than the worst-case scenario," but the specifics of the plan and what it ...

“We’ll have substantial tariff income in the beginning,” he said in an interview with Tucker Carlson. Then, Bessent said, “the revenue from the factories, from income taxes from all the ...

Sri Lanka stocks rallied 0.46 percent Thursday ending four days of slides, after President Anura Kumara Dissanayake said ...

How do we know that the president’s claims about tariff revenue are false? Because of the evidence provided by his own ...

Don’t be surprised if the cost of paying off the many U.S. tariff victims ends up exceeding the revenue they raise. While ...

Trump has repeatedly claimed that the U.S. was collecting $2 billion per day from tariffs. His own administration’s data ...

US President Trump, in a Fox News interview, has said that the money from tariffs might be enough to do away with the need for income tax. ‘There is a chance that the money is so great that it could ...

In his inaugural address, he again promises to “tariff and tax foreign countries to enrich our citizens.” And he reiterates plans to create an agency called the External Revenue Service ...

he again promised to “tariff and tax foreign countries to enrich our citizens." He reiterated plans to create an agency called the External Revenue Service, which has yet to be established.

Trump launched a trade war during his first term, taking particular aim at China by putting taxes on most of its goods.