Economists have been skeptical of whether revenue from tariffs could actually offset income tax for Americans, despite President Donald Trump repeatedly saying it will.

President Donald Trump suggested Sunday 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.

Trump vowed in a post on Truth Social that income taxes for many Americans will be “substantially reduced” or even “completely eliminated” in the wake o

Gatestone Institute senior fellow Gordon Chang joins ‘Fox Report’ to break down China’s move to waive tariffs on certain U.S. goods and analyze the broader implications of the ongoing trade battle with the Trump administration.

China on Monday said it was on the right side of history in its gruelling trade war with the United States. Recall that the US President Donald Trump, since returning to the presidency in January, has imposed 10 per cent tariffs on most US trading partners and a separate 145 per cent levy on many products from China.

China and the US, the world's two biggest economies, are locked in an escalating tit-for-tat trade battle triggered by Trump's levies on Chinese goods, which have reached 145 per cent on many products.