News

In June 2025, the most recent monthly data available, the federal government took in $27bn in tariffs, according to the Treasury Department. A year earlier, that figure was $6bn. That’s an increase of ...
Two projections show that the Trump administration's tariff revenues would not cover the next 10 years of projected deficits ...
Trump’s tariffs could offset tax savings from the One Big Beautiful Bill Act, reducing the benefits for taxpayers and impacting the economy.
Despite early criticism that his approach to trade was erratic, senior officials now say the strategy is yielding stronger ...
General Motors and Stellantis warn that the tariffs will have a significantly greater effect in the second half of the year.
A report from NBC News found that the tariffs across the three countries would increase the total cost of materials to build a typical 1,800-square-foot home from the current $86,516 to $90,921, which ...
In recent speeches and media scrums, President Donald Trump has lauded the federal budget surplus for the month of June, ...
In today’s edition … The Trump administration’s tariff messaging is all over the place … A final price on the One Big, ...
The CBO score for the law, released Monday, reflects a $4.5 trillion decrease in revenues and a $1.1 trillion decline in ...
The One Big Beautiful Bill Act loosens fiscal policy; the Fed will need to decide whether to tighten in response ...
Trump deficits may trigger an economic meltdown, one that will be harder to fix than the Financial Crisis or the Pandemic.
One of the Trump administration’s biggest tariff boosters, Commerce Secretary Howard Lutnick, recently said tariffs not only will energize the U.S. industrial sector but also help the government’s ...