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

The post Ad Valorem Tariff: Definition ... Many countries impose ad valorem tariffs on imported alcohol and tobacco products to control consumption and raise revenue. For example, a 25% tariff ...

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 FT also added a key piece of information that may surprise many Trump critics, noting that American consumers are not ...

The tariff revenue that the U.S. Treasury collects isn’t earmarked for a specific goal. “Tariff revenue is very fungible, so once it gets moved to the general account, it can really be spent ...

President-elect Donald Trump has said his tariffs will raise revenues, boost U.S. jobs, and help stop the drug trade. But some of these goals are at odds with the others.

As of May 28, the U.S. had collected $68.23 billion in tariff revenue for 2025—an increase of 78 percent over the same period last year.

Looking back to Trump’s tariffs against China during his first term could offer clues on where the money may go, though. Retaliatory tariffs from China were a blow to U.S. farmers, and Trump ...

Biggest takeaways from Trump's tariff announcement 09:56. President Trump has argued that some of the tariffs he's imposing this week could help the government raise over $1 trillion in the next ...

Applying the 20 percent tariff to $2.2 trillion yields $440 billion in tariff revenue a year. That’s $4.4 trillion over 10 years, not $6 trillion — but we’re not done yet!

President Donald Trump says "there's a real chance" tariff revenue can replace the income tax. Economists say a full replacement isn't likely.

Trump Claims Revenue From Tariffs Could ‘Completely' End Income Taxes For Some Americans. ByMolly Bohannon, Former Staff. Molly Bohannon has been a Forbes news reporter since 2023.