The Tax Foundation estimates that tariffs imposed on China by Trump during his first term and expanded during Joe Biden’s presidency currently generate $77 billion in annual revenue.

President Trump boasted this week that his tariffs are raising "a fortune" for the U.S. government. Tariffs could also raise prices for the back-to-school and Christmas shopping seasons.

The administration wants both long-term tariff revenue and trade deals, U.S. Treasury Secretary Scott Bessent said on Tuesday. He added that tariffs will bring back American manufacturing and ...

Tariff revenue quadrupled compared to a year ago and cost savings increased sharply in June to help the federal government ...

- Perhaps the revenue generated by tariffs could be used to create a safety net for Americans during this painful period, kind of like how Trump used taxpayer-funded subsidies to support American ...

The U.S. collects billions in tariff revenue each year and it all ends up with the U.S. Treasury. How do tariffs wind up in the U.S. Treasury? Can we follow the money from assessment to collection ...

Governments may prefer tariffs over taxes because tariffs generate revenue from imported goods rather than directly taxing citizens, making them less noticeable to consumers.

Tariffs are in the news at the moment. Here’s what they are and what you need to know about them: Tariffs are typically charged as a percentage of the price a buyer pays a foreign seller. In the ...

A tariff is a tax imposed on imported goods and services. Here's what to know about them, why they're used, and what economists say.

President Donald Trump's tariffs on America's three largest trading partners have led to questions about how tariffs work and who pays for them when goods are imported.

Experian fills you in on how tariffs work and how they may affect your wallet.