Treasury Secretary Janet Yellen criticized former President Donald Trump after he floated replacing at least parts of U.S. income taxes with higher tariffs on imported goods. Trump outlined the ...

Treasury Secretary Janet Yellen strongly disagreed with former President Donald Trump’s idea to reduce federal income taxes and replace them with increased tariffs to compensate for the lost ...

Former Treasury Secretary Janet Yellen weighed in on the Trump administration’s trade war Friday evening, blasting President Trump’s latest roll-out of import taxes on nearly all trading partners.

Yellen counters Trump's tariff plan as a threat to the working class and businesses. Trump's income tax replacement idea faces bipartisan skepticism over its potential economic impact. Get ahead ...

Trump's idea to replace the US income tax with tariffs notched criticism from two Treasury secretaries. "This is a prescription for the mother of all stagflations," Larry Summers told Bloomberg TV.

Treasury Secretary Janet Yellen is expected to warn that installing steep tariffs, like those proposed by former President Donald Trump, would be “deeply misguided” for consumers and corporations.

Treasury Secretary Janet Yellen warned on Thursday that “deeply misguided” proposals for sweeping tariffs would ramp up inflation and hurt American businesses, offering a clear critique of ...

U.S. Treasury Secretary Janet Yellen said on Tuesday she was worried that President-elect Donald Trump's plans to levy broad import tariffs could derail progress in quelling inflation and raise ...

In fact, here’s what Yellen said on Jan. 16, when asked by Stephen Colbert about Trump’s tariff plans: “It’s like a tax increase for the American consumer. … We buy a lot of imported ...

Yellen, who typically refrains from wading into politics and did not mention Trump by name in her speech, argued against across-the-board tariffs and a “go it alone” strategy on the global stage.