News

But if everything goes smoothly, the CBP sends tariff revenue to the U.S. Treasury’s general fund, which is where our federal ...
US customs duties climbed to a record in May, helping shrink the budget deficit for the month, while doubts remain about the ...
Some reasons for the tariffs include countering trade deficits to boosting domestic industries and pressuring foreign ...
Over the past few months, after President Trump imposed wave after wave of tariffs, companies began paying billions more to ...
Trump’s tariffs are not delivering in the way he promised. New data reveals rising costs, stalling investment, and mounting ...
Used-car retailer CarMax logged higher profit and sales in its latest quarter as tariff uncertainty sparked an uptick in ...
That's a 78% increase from the same period a year ago. Much of the additional revenue came in April and May, after Trump imposed tariffs of at least 10% on nearly everything the U.S. buys from ...
A few months ago, European officials were cautiously optimistic that they’d be able to work out a deal with US President ...
A tariff is a tax added to imported items entering a country from another country. Who pays for it depends on how the ...
Personal luxury goods sales that eroded to 364 billion euros ($419 billion) in 2024 are projected to slide by another 2% to 5 ...
Tariff collections are up sharply in the last 2 months. Congressional forecasters say tariffs could help reduce the federal ...