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Two projections show that the Trump administration's tariff revenues would not cover the next 10 years of projected deficits ...
Tariff revenue quadrupled compared to a year ago and cost savings increased sharply in June to help the federal government ...
The FT also added a key piece of information that may surprise many Trump critics, noting that American consumers are not ...
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.
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 ...
A slump in the dollar has come to the rescue of some major multinational U.S. companies this earnings season, easing the ...
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.
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 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 ...
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.