The post Scott Bessent Takes Premature Victory Lap on Tariff Revenues appeared first on Reason.com.

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

The FT also added a key piece of information that may surprise many Trump critics, noting that American consumers are not ...

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

A new survey by the Federal Reserve reveals President Donald Trump’s sweeping tariffs are already costing consumers.

Tariff revenues have brought in more that $113 billion so far this year, according to the Treasury Department data. The U.S. received more than $27 billion in customs duties in June alone.

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

The Trump administration's tariffs promise significant federal revenue, but rising inflation raises concerns. As the Federal ...

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

When U.S. President Donald Trump met five African leaders in Washington in July, his lack of familiarity with the continent ...

President Trump boasted this week that his tariffs are raising "a fortune" for the U.S. government. Tariffs could also raise prices for the back-to-school and Christmas shopping seasons.

Tariffs—taxes placed on imported goods—are one of the oldest tools in the United States' economic policy arsenal, dating back ...