Tariff income won’t come close to balancing the federal fisc.

The FT also added a key piece of information that may surprise many Trump critics, noting that American consumers are not ...

The post Scott Bessent Takes Premature Victory Lap on Tariff Revenues appeared first on Reason.com.

The Trump administration's tariffs promise significant federal revenue, but rising inflation raises concerns. As the Federal ...

Tariff revenues have brought in more that $113 billion so far this year, according to the Treasury Department data. The U.S. received more than $27 billion in customs duties in June alone.

Trump has rolled back many of his steepest tariffs over recent months, including a sky-high levy on China, the top source of U.S. imports. In recent days, however, Trump announced plans to slap ...

A new survey by the Federal Reserve reveals President Donald Trump’s sweeping tariffs are already costing consumers.

The Congressional Budget Office reported federal revenues are starting to surge, as they are up about 18% since June.

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.

Eliminating $2 trillion annual deficit would require increasing revenue, decreasing spending, or a combination of the two.

The Federal Government has disclosed that the cost-reflective tariff adjustments for Band A customers led to the realisation of N1.7 trillion, a 70 per cent increase in revenue in 2024 from N1 ...

Trade policy in the United States has been in flux in recent months. A theoretical analysis of recent increases in U.S.