Guest Columnist Rudy Perkins: Trump’s Tariffs a Stealth Tax

Guest columnist Rudy Perkins: Trump’s tariffs a stealth tax

One of the least discussed reasons Donald Trump is pushing tariffs is that wide-ranging tariffs will act much like a regressive national sales tax, shifting more of the national tax burden onto low- and middle-income taxpayers, and away from the wealthy. Lower-income Americans, who spend more of their income on everyday goods, instead of, say, corporate stocks, will end up paying a disproportionate share of the tariffs.

Trump plans to introduce new 25–40% tariffs on Southeast Asian countries

The post Trump plans to introduce new 25–40% tariffs on Southeast Asian countries appeared on BitcoinEthereumNews.com. Trade tensions rise as US President Donald Trump threatens new tariffs on Southeast Asian countries. Analysts have warned that this could erect a “tariff wall” that disrupts regional supply chains and raises prices for American consumers. Trump’s new threats come as an August 1st deadline for trade deals approaches. He said he p…

Trump’s tariff wall threatens Southeast Asia's supply chains

Trade tensions rise as US President Donald Trump threatens new tariffs on Southeast Asian countries. Analysts have warned that this could erect a “tariff wall” that disrupts regional supply chains and raises prices for American consumers. Trump’s new threats come as an August 1st deadline for trade deals approaches. He said he planned to impose new tariffs, from 25% to 40%, on countries including Cambodia, Indonesia, Laos, Malaysia, and Thailand…

Trump says he has struck a trade deal with Hanoi — lowers tariffs to 20% for Vietnamese goods, but adds 40% tax on loophole Chinese companies use to circumvent measures

The U.S. and Vietnam have reached a tentative agreement that sets tariffs on Vietnamese goods at 20%, but hits transshipments with a 40% import tax.