Economics

Economics

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Canada and the EU swiftly retaliate against Trump's steel and aluminum tariffs
Canada and the EU swiftly retaliate against Trump's steel and aluminum tariffs
Canada and the European Union swiftly hit back at increased steel and aluminum tariffs imposed by U.S. President Donald Trump. Canada matched Trump's 25% increase on steel and aluminum and raised tariffs - that is, import taxes - on a slew of other U.S. goods.
·apnews.com·
Canada and the EU swiftly retaliate against Trump's steel and aluminum tariffs
Don't Substitute Tariffs for Income Taxes: You'll Get Both | David R. Henderson
Don't Substitute Tariffs for Income Taxes: You'll Get Both | David R. Henderson
In his inaugural address, President Trump repeated his call for an External Revenue Service. At other times, he has talked about replacing personal income taxes with high tariffs on imports. Besides the fact that U.S. tariffs on imports are collected from U.S. importers, not external exporters, this idea would not work and would likely result in a higher tax burden for Americans. Current income t
·independent.org·
Don't Substitute Tariffs for Income Taxes: You'll Get Both | David R. Henderson
Income Tax Calculator 2024-2025 - NerdWallet
Income Tax Calculator 2024-2025 - NerdWallet
Curious whether you'll owe taxes or get money back in April 2025? Estimate your tax bill or refund with our free federal income tax calculator.
·nerdwallet.com·
Income Tax Calculator 2024-2025 - NerdWallet