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

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

National Economic Council Director Kevin Hassett defended Donald Trump’s newly unveiled 50% tariff against Brazil on ABC News ...

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 ...

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

Just a week after President Donald Trump signed the Big Beautiful Bill into law, the U.S. Treasury surprised markets with a rare budget surplus for June 2025. The federal government reported a $27 ...

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

House Speaker Mike Johnson touted an alleged federal budget surplus for June 2025, the first since 2017, and said with President Trump's tariff policies and the "Big, Beautiful Bill" that will become ...

SAO PAULO (AP) — President Donald Trump’s threat to boost import taxes by 50% on Brazilian goods could drive up the cost of ...

The market has taken the US threat of 30% tariffs on the EU and Mexico in stride. The dollar is narrowly mixed against the ...

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.