News

The post Scott Bessent Takes Premature Victory Lap on Tariff Revenues appeared first on Reason.com.
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 ...
Tariff revenue quadrupled compared to a year ago and cost savings increased sharply in June to help the federal government ...
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.
But if everything goes smoothly, the CBP sends tariff revenue to the U.S. Treasury’s general fund, which is where our federal ...
Eliminating $2 trillion annual deficit would require increasing revenue, decreasing spending, or a combination of the two.
The causal pathways by which tariffs could cause a recession seem dormant. Trade policy turmoil is the new normal, and may ...
The US customs duties collections has surged again in June as US President Donald Trump's tariffs talks were reiterated again ...
The Trump administration's tariffs promise significant federal revenue, but rising inflation raises concerns. As the Federal ...
US stock market dips despite AI-driven gains from Constellation and Marvell as traders brace for Fed moves and tariff headwinds.