Trump has rolled back many of his steepest tariffs over recent months, including a sky-high levy on China, the top source of ...

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, and this could grow to $300 billion by the end of 2025 as collections ...

Treasury Department data show that revenue from tariffs on imported foreign goods increased substantially in April and May, setting monthly records. But the total is less than half the figure ...

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 ...

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 ...

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.

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.