But Yellen during an appearance on ABC's “This Week” immediately rejected the potential economic plan. “Donald Trump floated an idea of replacing all federal income taxes with high tariffs ...

The idea may sound appealing, but economists who spoke to USA TODAY say Trump's tariffs would struggle to raise enough money to eliminate income taxes in full. Start the day smarter. Get all the ...

The U.S. Republican president’s tendency to levy extremely high import taxes ... backs down. Trump was visibly offended when asked about the phrase Wednesday and rejected the idea that he ...

In early March, we explained what Americans need to know about President Donald Trump's tariffs on Canada, Mexico, and China. In early April, we said we "really, really, really hoping we wouldn't ...

Democrats have decried the constant changes in Trump’s tariff policy, which they argue further harm the economy. “The White House has no idea what it’s doing on tariffs and keeps flip flopping.