President Donald Trump rolled out the idea for a new tax break on car loans during a 2024 campaign stop in Detroit. Here's how the new law works.

The Government warned that a ‘tit-for-tat escalation’ in tariffs between the EU and US would be ‘especially problematic for Ireland’.

Look no further than Tax Notes’ headlines since the start of the year. Four months into 2025 the business of tariffs is more dramatic than the comparatively sedate world of income taxation.

Brazil’s onerous taxes and political turmoil make investors wary, but an international court ruling could change their minds.

General Motors had a more than $1 billion chunk taken out of its profits due to tariff costs, the company reported on Tuesday. GM, as well as other automakers like Stellantis, have contributed to evidence indicating American companies and consumers—not exporters—are the ones paying for tariffs.

President Trump's new trade deal with Japan includes a 15% tariff on exports to the U.S., up from earlier rates. CBS News MoneyWatch correspondent Kelly O'Grady breaks down how this could impact major automakers.