U.S. Senate Republicans will ask their chamber's nonpartisan referee this week to weigh in on a controversial plan to make President Donald Trump's expiring 2017 tax cuts permanent, which critics say could lead to trillions of dollars in additional debt.

President Donald Trump's pledges to end taxes on tips and Social Security payments have caught the attention of workers across the country. But even if those policies do eventually become law, financial planners are reminding taxpayers that any changes won't affect the returns they must file by April 15 of this year.

Trump has repeatedly called April 2 “Liberation Day,” with promises to roll out a set of tariffs, or taxes on imports from other countries, that he says will free the U.S. from a reliance on foreign goods. To do this, Trump has said he’ll impose “reciprocal” tariffs to match the duties that other countries charge on U.S. products.

President Donald Trump’s promised tariffs are a day away – and they’ll go into effect sooner than some had expected. As in, immediately, the White House said Tuesday. Although many details remain unknown,

"Value-added taxes" are a common type of consumption tax used worldwide. They don't create a trade disadvantage for the U.S., economists said.

The president is planning a big bash where he’ll announce a new round of tariffs. Republicans fear it’ll cause more pain.

White House aide Peter Navarro said Sunday that he expects President Donald Trump’s tariffs to bring in $6 trillion in revenue in the next decade, which could amount to the largest tax hike in US history.

The UK government has said it believes it can strike a deal, buoyed by Donald Trump’s remarks in February when the president said the US and Britain could “very well end up with a real trade deal where the tariffs wouldn’t be necessary”.

British Prime Minister Keir Starmer expects the UK to be hit by more tariffs when Donald Trump announces his latest round of tariffs on Wednesday. Downing Street also said it “reserves the right” to respond to protect the UK's national interest.

Donald Trump has declared tomorrow will be ‘Liberation Day’ for the US, when his country will shake off any reliance it has on other countries for products and supplies. But in the rest of the world – and for many in the US itself – the prospect of sweeping,