In recent speeches and media scrums, President Donald Trump has lauded the federal budget surplus for the month of June, ...

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

The U.S. reported a $27B June surplus thanks to rising tariff revenue, yet the overall fiscal deficit remains over $1.3 trillion with months left in 2025.

The data shows that tariff revenues are starting to build into a significant revenue contributor ahead of an August 1 ...

The higher rates suggest Trump may raise tariffs on certain countries beyond the levels outlined in his April 2 “Liberation ...

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

Donald Trump has proposed 15%-20% blanket levies on most nations amid an unexpected budget surplus in June, because of tariff ...

Pressed by Karl about Trump’s recent criticism of Federal Reserve Chair Jerome Powell, Hassett echoed the White House’s ...

Economists warned that a barrage of new U.S. tariffs could trigger a renewed bout of inflation. So why aren't prices surging?

A federal trade court on Wednesday blocked President Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law. Skip to content NOWCAST News 9 Tonight ...

WASHINGTON — A federal court on Wednesday blocked President Trump from imposing sweeping tariffs on imports under an emergency-powers law, swiftly throwing into doubt Trump’s signature set of ...

WASHINGTON (AP) — A federal court on Wednesday blocked President Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law, swiftly throwing into doubt Trump’s ...