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

The average effective tariff rate has been around 16%, Morgan Stanley Wealth Management calculates, 5 times higher than the ...

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

Why It Matters: This news comes on the heels of the U.S. Customs and Border Protection (CBP) collecting over $106 billion in ...

U.S. Treasury Secretary Scott Bessent announced Tuesday that tariff revenues have reached approximately $100 billion so far ...

Bonded warehouses, run by U.S. Customs and Border Protection, let importers wait to pay tariffs until the goods are ready to ...

His on-again, off-again approach to reshaping international trade is affecting the U.S. economy and the people in it.

Trump has simply always liked tariffs, a gut-level fixation he developed during the economic rise of Japan in the 1980s. | ...

India stands at a critical economic juncture. The combination of sound domestic macroeconomics and rising external frictions ...

Tariffs on Chinese imports settled at 55%, while U.S. import tariffs settled at 10%. For many U.S. businesses, the damage from the initial rise in tariffs has had a profound effect, especially for ...

Trump said the U.S. will impose an additional 10% tariff on any countries aligning themselves with the "Anti-American ...