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Business

April Surprise: West Virginia tax collections come in higher than expected

CHARLESTON — West Virginia saw its largest single month in tax collections over and above estimates, providing the state with more than $237 million in surplus revenue with two months left in fiscal year 2025. But much of that surplus is already spoken for. According to reports last week ...

Trump threatens 100% tariff on foreign-made films

NEW YORK (AP) — President Donald Trump is opening a new salvo in his tariff war, targeting films made outside the U.S. In a post Sunday night on his Truth Social platform, Trump said he has authorized the Department of Commerce and the Office of the U.S. Trade Representative to slap a 100% ...

Amid Cinco de Mayo celebrations, a tax on Mexican tomatoes looms

Guacamole has been spared from tariffs for now. But salsa may not be so lucky. While President Donald Trump put threatened tariffs on Mexican avocados on pause, the U.S. government plans to put a nearly 21% duty on fresh Mexican tomatoes starting July 14. A duty — like a tariff — is a tax ...