Payroll May 20, 2025
As the Trump administration continues its tariff policies, more Americans are spending money to get ahead of potential rising costs, mimicking consumer behavior during the COVID-19 pandemic.
Small Business May 17, 2025
The move by the Trump administration to lower tariffs on goods from China to 30% from 120%, still offers limited reprieve for U.S. small businesses.
Small Business May 16, 2025
President Donald Trump’s tariffs on China will likely remain at a level expected to severely curtail Chinese exports to the U.S. after the 90-day truce, suggesting Beijing may have to endure further economic pain despite active talks.
Small Business May 12, 2025
The combined 145% U.S. levies on most Chinese imports will be reduced to 30% including the rate tied to fentanyl by May 14, while the 125% Chinese duties on U.S. goods will drop to 10%.
Small Business May 9, 2025
Most Americans feel that businesses should display tariff costs in their pricing, according to a new Economist/YouGov poll, which was released after Amazon reportedly contemplated such a policy.
Taxes April 28, 2025
President Donald Trump suggested on April 27 that his sweeping tariffs would help him reduce income taxes for people making less than $200,000 a year, as public anxiety rises over his economic agenda.
Taxes April 28, 2025
Voter discontent with President Donald Trump’s economic stewardship is sinking his popularity as he approaches the symbolic 100-day mark of his second term, ratcheting up pressure on congressional Republicans to pass his tax plan.
Small Business April 28, 2025
Since the U.S. raised levies on China to 145% in early April, cargo shipments have plummeted, perhaps by as much as 60%, according to one estimate. That drastic reduction in goods hasn’t been felt by many Americans yet, but that’s about to change.
Payroll April 25, 2025
Consumer sentiment fell to one of the lowest readings on record and long-term inflation expectations climbed to the highest since 1991 on fears of the economic fallout from tariffs.
Taxes April 24, 2025
A dozen states filed a federal lawsuit on April 23 challenging the Trump administration’s imposition of sweeping tariffs, arguing the president trampled on Congress’ powers to raise taxes.
Taxes April 11, 2025
Beijing will raise tariffs on all U.S. goods from 84% to 125% starting April 12, the Ministry of Finance said on Friday, after the White House clarified that levies on Chinese goods rose to 145% this year.
Taxes April 10, 2025
President Donald Trump said his tariffs may cause “transition problems” but expressed confidence in his plan, after the White House clarified U.S. tariffs on China rose to 145%.