President Donald Trump has repeatedly said foreigners would pay for his import tariffs. A new report says Americans picked up most of the tab.

Donald Trump has introduced tariffs on goods coming into the US from most countries around the world. The US president argues that the taxes will boost domestic manufacturing and create jobs. However, critics have warned of higher prices for consumers and ...

Trump tariffs 2025 impact Americans: A Federal Reserve Bank of New York study challenges claims that foreign countries bore the cost of President Trump's 2025 tariffs. The report found that American companies and consumers paid the vast majority of these import taxes.

Here’s a breakdown of all the U.S. trade levies on countries and sectors—and the turbulent timeline to get there.

Tariffs can play multiple roles: they have traditionally been used as instruments of trade policy, and the Trump administration has increasingly employed them as foreign policy tools to extract concessions from other countries. Although tariffs have seldom ...

To read this article with full citations, please visit taxnotes.com. Politicians talk a lot about tariffs, and much of what they say boils down to a simple question: Who pays? President Trump has insisted repeatedly that foreign countries will foot the ...

If shoppers aren't careful this holiday gift-giving season, they could get hit with unexpected charges on merchandise and festive favorites from overseas. "Unfortunately, a lot of U.S. consumers are going to be in for a surprise, especially if they haven't ...