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.

President Donald Trump announced 30% tariffs Saturday on the European Union, a move that will have repercussions for companies and consumers on both sides of the Atlantic.

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.

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.

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.

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.

President Donald Trump has managed to make his erratic trade policies even more baffling to countries desperate to negotiate an escape from his wrath