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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 ...
New data from the White House Council of Economic Advisers backs President Donald Trump's calls for the Federal Reserve to ...
Tariff income won’t come close to balancing the federal fisc.
Trump has rolled back many of his steepest tariffs over recent months, including a sky-high levy on China, the top source of ...
Tariff revenues have brought in more that $113 billion so far this year, according to the Treasury Department data. The U.S.
Tariff revenue quadrupled compared to a year ago and cost savings increased sharply in June to help the federal government ...
The United States has generated $96.9 billion so far this year from tariffs as of June 30, a 109.3% jump from the same period last year. But who's paying?
The Trump administration's tariffs promise significant federal revenue, but rising inflation raises concerns. As the Federal ...
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 Congressional Budget Office reported federal revenues are starting to surge, as they are up about 18% since June.
Top lobbying firms in Washington reported a surge in cash for the second quarter of the year, as companies, industry groups ...
The White House did not respond to a request for comment. Why did tariffs work in the past? Between 1870 and 1913 – the year federal income tax became law – tariff revenue tended to bounce ...