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The Poynter Institute for Media Studies1d
Tariffs would not ‘pay off our deficit,’ as Trump’s commerce secretary said
Two projections show that the Trump administration's tariff revenues would not cover the next 10 years of projected deficits ...
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Commerce Secretary Lutnick explains America's trade deficit--and how Trump wants to reverse it.
LUTNICK: "Since 1985, we went from owning net 5% of the rest of the world, to the rest of the world owning just about 19% of ...
Al Jazeera on MSN2d
Fact check: Could Trump’s trade tariffs pay off the US deficit?
In June 2025, the most recent monthly data available, the federal government took in $27bn in tariffs, according to the Treasury Department. A year earlier, that figure was $6bn. That’s an increase of ...
Less selection, higher prices: How tariffs are shaping the holiday shopping season
The U.S. tariff rate may have dropped significantly from its spring high — a truce in the U.S.-China trade war is set to expire on Aug. 12 — but continues to shape the forthcoming holiday period.