U.S. manufacturers secured the business tax provisions they’d hoped for in Donald Trump’s budget megabill, but the president’s erratic trade policy risks tempering any pronounced pickup in capital investment.

Trump’s tariff revenue quadrupled compared to a year ago and cost savings increased sharply in June to help the federal government take in more money than it spent in the month.

The new taxes are an aggressive increase to the top 25% tariff rates that Trump first imposed in March after months of threats.

President Donald Trump on Monday set a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on a dozen other countries.

Last week, the president enacted a sprawling set of tax cuts that he believes to be the ingredients for rapid economic growth, even as fiscal experts warned that the law may injure the poor while putting the U.S. government on a risky new fiscal path.

Taxes can get you thinking about fairness. For instance, when I’m calculating deductions on my salary and watching a decent chunk go to Uncle Sam, I can’t help but wonder: What if the ultra-wealthy paid the same percentage of their income in taxes that regular people do?

NVIDIA CEO Jensen Huang spoke to USA TODAY about tariffs, trade and his trip to China after a meeting with President Donald Trump at the White House.

The president has published just 22 letters, many to minor trading partners like Brunei, Moldova and Sri Lanka.

Former Biden economic adviser Ernie Tedeschi breaks down how tariffs will raise prices and cost American households money.

That means your local sales tax rate — ranging from under 5% in some states to close to 10% or more in parts of Alabama and Louisiana — applies to many Prime Day purchases. For example, if you grab a $500 laptop online and live in a place with a 9.5% sales tax, you could pay an extra $47.50 at checkout.