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Tariff income won’t come close to balancing the federal fisc.
In recent speeches and media scrums, President Donald Trump has lauded the federal budget surplus for the month of June, ...
Donald Trump has proposed 15%-20% blanket levies on most nations amid an unexpected budget surplus in June, because of tariff ...
Back in March, we expected that Trump’s Tariff Turmoil (TTT) would become less tumultuous by the end of the summer. We ...
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 ...
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.
Pressed by Karl about Trump’s recent criticism of Federal Reserve Chair Jerome Powell, Hassett echoed the White House’s ...
Stock futures rose Wednesday on the U.S. and Japan striking a trade agreement and ahead of earnings from two of the Magnificent Seven. The U.S. also reached a pact with the Philippines and fleshed out ...
Tariff revenue quadrupled compared to a year ago and cost savings increased sharply in June to help the federal government ...
President Donald Trump is threatening to impose 50% tariffs on Brazilian imports — a move that could spike prices of breakfast staples like coffee and orange juice.
State Budget Director Chad Ranney said Indiana finished the 2025 budget year on June 30 with a general revenue surplus of ...