In fact, tariffs were the primary source of revenue for the US government during its early days until the federal income tax was established in the early 20th century. Today, tariffs are a ...

The Old South hated the tariff—but could it have been a “cause” of the civil war, given how the North rammed protective tariffs through Congress in 1861 and so often in years prior?

President-elect Donald Trump said Tuesday that he will create an “External Revenue Service” to collect revenue from tariffs, a signal of his determination to impose sweeping duties on imports.

We calculate that at year-end 2024, GM had automotive net cash excluding legacy obligations of $6.0 billion, or $5.72 per diluted share. Per the 10-K, global pension contributions in 2025 are expected ...

President-elect Trump on Tuesday announced plans to create a new "External Revenue Service" that would be tasked with collecting revenue from tariffs, but economists are pushing back and noting ...

President Trump wants an External Revenue Service to collect tariffs on imports. One trade expert said the move may be “more branding than substance.” By Ana Swanson Ana Swanson covers ...

WASHINGTON (Reuters) - U.S. President Donald Trump is pushing a plan to explicitly use revenue from higher tariffs on imported goods to help pay for extending trillions of dollars in tax cuts ...

(The Center Square) – President-elect Donald Trump plans to create a new federal agency, the External Revenue Service, to collect tariff revenue despite creating an outside advisory group to look at ...

“I will create the EXTERNAL REVENUE SERVICE to collect our Tariffs, Duties, and all Revenue that come from Foreign sources,” Trump said in a post to his Truth Social network on Tuesday. “We will begin ...

1 target date for his tariffs to begin kicking in: revenue or revenge? He campaigned on a blanket tariff that would generate revenue and help protect American workers. But since he was elected ...