The U.S. surplus amounted to a little more than $27 billion, a stark contrast to the $316 billion deficit in May. This ...

The U.S. government posted a surplus in June as tariff receipts gave an extra bump to a sharp increase in receipts, the ...

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

Prepare for the 'year of tariffs' in 2025. Learn how escalating trade barriers and negotiations could impact markets and your ...

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

Federal Reserve Bank of New York President John Williams said Wednesday that monetary policy is in the right place to allow ...

The US customs duties collections has surged again in June as US President Donald Trump's tariffs talks were reiterated again ...

U.S. gross customs duties reached a record $27.2 billion in June, largely due to President Trump's tariffs. This contributed ...

For the first nine months of fiscal 2025, U.S. customs duty collections reached $113.3 billion on a gross basis and $108 billion net, nearly double the prior year’s take.

Eliminating $2 trillion annual deficit would require increasing revenue, decreasing spending, or a combination of the two.

White House officials have suggested that the deadline could be postponed for some countries, while others could receive a ...