VAT is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to ...

The Texas Senate gave unanimous approval to proposals to cut property taxes by raising homestead exemptions to $140,000, ...

From reciprocal tariffs to a focus on Mexico and Canada, here’s the latest on Trump’s economic plan and how it will impact ...

President Donald Trump has rolled out his plans to increase U.S. tariffs to match the tax rates that other countries charge ...

Put simply, a tariff is a tax placed on the cost of importing or exporting goods by a certain country. A 60% tariff on Chinese imports would therefore be a 60% tax on the cost to import, say, computer ...

According to the Canadian Steel Association, about $20 billion in steel is traded between Canada and the U.S. each year.

High-yield savings accounts and CDs were much more profitable in 2024 than in prior years, potentially leaving some taxpayers with a larger tax bill. Experts say there are some ways to defer or offset ...

Understanding who will end up paying for the higher costs means understanding how manufacturing, trade and supply chains ...

Which nation ultimately bears the cost of a tariff depends on what that country makes and its pull in the global market.

President Trump on Monday ordered new tariffs on all steel and aluminum imports. Experts say some products could become pricier.