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Trump, Revenue Service and Tariffs

Hosted on MSN · 10h

Biden’s Trade Chief Warns Trump Not to Rely on Tariffs for Revenue

President Joe Biden’s departing trade chief called President-elect Donald Trump’s idea of using revenue from tariffs to replace income taxes “very, very dangerous,” saying it would hurt lower-earning workers.

The Associated Press on MSN · 17h

Trump says he will create an ‘External Revenue Service’ agency to collect tariff income

The creation of a new agency requires an act of Congress, and Republicans hold the majority of both the House and the Senate.

Fox Business on MSN · 40m

Trump's 'External Revenue Service' plan will strike fear into countries doing business in US, economist says

Former U.S. Assistant Secretary of State for Economic and Business Affairs weighs President-elect Trump's plan to establish the 'External Revenue Service.'

3h

Massive new Trump tariffs are looming. Here’s how these import ‘taxes’ work and who pays for them

New tariffs are likely coming in Trump’s second term. While companies owe these import taxes, consumers usually foot the bill ...

16h

Yellen says Trump's plan for new revenue agency won't save money for taxpayers

U.S. Treasury Secretary Janet Yellen said on Wednesday U.S. President-elect Donald Trump's plan to set up a new government ...

32m

Higher tariffs boost Jio Platforms Q3 net profit by 26% to Rs 6,861 crore

Jio Platforms Ltd (JPL), which operates India’s largest mobile network operator Reliance Jio, on Tuesday reported a 26 per ...

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