In his inaugural address, U.S. President Donald Trump declared that he would overhaul the American trade system and establish ...

President Donald Trump pitched the idea of eliminating the federal income tax entirely to instead tariff and tax foreign ...

Donald Trump proposes eliminating income tax in favor of a tariff-centric economic policy to increase American wealth. He ...

The US Customs Agency, established in 1789 under the US Department of the Treasury, has undergone significant transformations throughout its ...

World: Donald Trump described the move as a return to the old American practices, which helped drive national prosperity and ...

President Donald Trump announced plans to create a new government agency called the External Revenue Service (ERS) to collect tariffs and other duties from foreign nations, but his plans have ...

Donald Trump said that he would introduce across-the-board import tariffs to replace income tax imposed on US citizens.

What follows are my initial responses to Trump’s creation of the External Revenue Service, or ERS, future rival of the IRS. The short answer is no, not without congressional cooperation. Like other ...

Tariffs are typically charged as a percentage of the price a buyer pays a foreign seller. In the United States, tariffs are ...

Stephen S. Roach points out that the new “External Revenue Service” would target domestic importers, not foreign producers.

President Donald Trump has revealed what could be the fate of nearly 90,000 newly hired Internal Revenue Service (IRS) staff ...

With President Donald Trump back in the White House for a second term, Americans can expect to see major tax-law changes in ...