Commerce Secretary Howard Lutnick declared during a cabinet meeting on Monday that April 4, when tariffs are planned to go ...

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Elon Musk’s decision to take a chainsaw to the Internal Revenue Service is fast-tracking the agency for a steep decline in revenue. Abrupt, DOGE-directed staff cuts at the agency have sparked fears ...

President Donald Trump is set to impose tariffs on automobiles, aluminum, and pharmaceuticals imminently, citing the need for ...

The IRS is predicted to see a $500 billion shortfall in revenue as many taxpayers might not file taxes. This is influenced by staff cuts and federal reductions under the Trump administration. The ...

Commerce Secretary Howard Lutnick on FOX News argued for tariffs placed on Canada by the Trump Administration: MARTHA MACCALLUM: All right, Edward, thank you very much. And with that, we're glad to ...

Trump signed an executive order on his first day in office directing the Commerce Department to begin formulating plans for standing up the agency.

But the president nonetheless signed a Day 1 executive order calling for the creation of the External Revenue Service to “collect tariffs, duties, and other foreign trade-related revenues.” ...