WASHINGTON (AP) - President Donald Trump insisted Monday that he's "not backing down" on his plan to impose stiff tariffs on imported steel and aluminum despite anxious warnings from House Speaker Paul Ryan and other congressional Republicans of a possible trade war.

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BING SEARCH:
  • How Will the Trump Tariffs Impact the US Economy?
    Source: Tax Foundation review of Tom Lee, “Trump’s Proposed 10 Percent Tariff: Considering the Impact”; Chief Investment Office GWM, “The Economic and Investment Implications of Higher Tariffs”; Warwick J. McKibbin, Megan, and Marcus Nolan, “The International Economic Implications of a Second Trump Presidency” Peterson Institute for International Economics; Mark Zandi, Brendan ...
    12/23/2024 - 4:13 am | View Website
  • Trump Tax Cuts, Tariffs, and Reconciliation | Tax Foundation
    Trump’s major proposed offsets are steep increases in tariffs and repeal of the IRA green energy tax credits. We estimate a universal tariffTariffs are taxes imposed by one country on goods imported from another country.
    12/22/2024 - 11:06 pm | View Website
  • Tracking the Economic Impact of the Trump Tariffs
    The Trump administration imposed nearly $80 billion worth of new taxes on Americans by levying tariffs on thousands of products in 2018 and 2019, amounting to one of the largest tax increases in decades. The Biden administration has kept most of the Trump administration tariffs in place
    12/22/2024 - 4:00 am | View Website
  • Donald Trump Tax Plan Ideas: Details and Analysis
    To offset part of the nearly $7.8 trillion of tax reductions, Trump has proposed repealing the IRA green energy credits, which we estimate would raise about $921 billion over 10 years, and imposing steep new tariffs, which we estimate would raise about $3.8 trillion over 10 years.
    12/21/2024 - 11:07 pm | View Website
  • Tariffs Imposed by the Trump Administration | Economic Analysis
    The Trump administration has imposed new tariffs on steel, aluminum, washing machines, and thousands of other products that American businesses and consumers buy from China. Tariffs have been imposed as the result of various trade investigations that concluded injury to U.S. industries, national security threats, and unfair trade practices. [1]
    12/21/2024 - 4:19 pm | View Website
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