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 ...

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

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.

Tariff revenue quadrupled compared to a year ago and cost savings increased sharply in June to help the federal government ...

The causal pathways by which tariffs could cause a recession seem dormant. Trade policy turmoil is the new normal, and may ...

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

The US customs duties collections has surged again in June as US President Donald Trump's tariffs talks were reiterated again ...

Economists broadly expect the tariffs to add 1 to 1.5 percentage points to the inflation rate by the end of the year, which could leave it between 3.5% and 4%. Inflation peaked at 9% in 2022 and got ...

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.

Tariffs—taxes placed on imported goods—are one of the oldest tools in the United States' economic policy arsenal, dating back ...

JPMorgan’s second-quarter profit fell to $14.2 billion in second quarter, but the New York bank beat Wall Street expectations ...