One of the Trump administration’s biggest tariff boosters, Commerce Secretary Howard Lutnick, recently said tariffs not only will energize the U.S. industrial sector but also help the government’s ...

A slump in the dollar has come to the rescue of some major multinational U.S. companies this earnings season, easing the ...

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 ...

Treasury Secretary Scott Bessent on Tuesday said the U.S. has taken in about $100 billion in tariff income so far this year, ...

But the basic idea — that higher tariff rates mean higher tariff revenues — is sound, at least up to a point, and the latest revenue data from the Treasury is starting to bear that out.

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

I n April, the U.S. witnessed a historic surge in tariff revenue, reaching an unprecedented $15.4 billion.This marked a 60% increase from the previous month, setting a new record for monthly ...

Trump tariff revenue soars 78%. Who’s paying them? Tariff collections are up sharply in the last two months. Congressional forecasters say tariffs could help reduce the federal debt, but they'll ...

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 ...

At those ports of entry, CBP agents collect tariff revenue from the domestic businesses importing the products, which is calculated based on how the merchandise is classified and where it came ...