U.S. Treasury Secretary Scott Bessent took a victory lap as his department reported an unexpected increase in receipts from ...

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

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 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 ...

President Donald Trump says "there's a real chance" tariff revenue can replace the income tax. Economists say a full replacement isn't likely.

Tariff collections are up sharply in the last two months. Congressional forecasters say tariffs could help reduce the federal debt, but they'll also lead to higher inflation and slower economic ...

The leap in tariff revenue could help the federal budget, but is unlikely to be enough to offset the country's longstanding deficit, economists at BMO Capital Markets wrote in a commentary.

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 ...

Recent national and global surveys of business executives have highlighted the U.S. Federal Reserve's dilemma in determining ...

While the federal government is collecting billions in tariff revenue, the big question remains: Are Americans paying for them? Let’s take a closer look.

While the federal government is collecting billions in tariff revenue, the big question remains: Are Americans paying for them? Let’s take a closer look.