News

The Trump administration's tariffs promise significant federal revenue, but rising inflation raises concerns. As the Federal Reserve grapples with economic pressures, the question remains: do the ...
Tariff fans have been boasting that President Trump's import taxes are raising federal revenue without contributing to ...
Tariff revenue quadrupled compared to a year ago and cost savings increased sharply in June to help the federal government ...
U.S. customs duties surpass $100 billion in fiscal revenue as tariffs become a major income source for the government, ...
Goldman Sachs' second-quarter profit exceeded Wall Street expectations, as turbulent markets raised revenue in its equities ...
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 ...
Why It Matters: This news comes on the heels of the U.S. Customs and Border Protection (CBP) collecting over $106 billion in ...
But if everything goes smoothly, the CBP sends tariff revenue to the U.S. Treasury’s general fund, which is where our federal income taxes also go.
Marc Muendler, professor and chair of the Department of Economics and founding director of the Globalization and Prosperity ...
Recent national and global surveys of business executives have highlighted the U.S. Federal Reserve's dilemma in determining ...
President Trump's tariffs are pouring billions more into US coffers in June, putting the revenue supplied by importers on pace for another monthly record.
The Federal Open Market Committee offered no policy surprises Wednesday, but it did offer a new note of caution in its economic forecasts: President Trump’s tariffs are producing a mild stagflation.