EU will pay 15% tariffs and buy hundreds of billions of dollars in energy products and military equipment from US.

Two projections show that the Trump administration's tariff revenues would not cover the next 10 years of projected deficits ...

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 ...

Trump's tariffs threaten to weaken the stability of the global trading system, explains economist Devashish Mitra.

One team of economists found clear price increases for American consumers due to President Donald Trump’s tariffs. I, a chart ...

Tariff income won’t come close to balancing the federal fisc. ... Looking back to October and the first nine months of fiscal 2025, the U.S. has run a $1.3 trillion deficit.

Trump's tariffs would also reduce the size of the US economy by about 0.06 percentage points per year on average and cause a 0.4% spike in total inflation for 2025 and 2026, the CBO noted.

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

One of the crucial aspects of international goods is their high price elasticity of demand, a concept that plays a ...

In the wake of those “Liberation Day” tariffs, financial markets took fright. On April 9 the Trump administration hit pause: ...

According to the Wall Street Journal’s article, “The Deficit is Unsettling Bond Traders.” The White House and Republicans in the House believe that the projected deficits resulting from the ...