For the first time since Trump’s tariff rollout, import tax revenue has fallen, threatening his lofty plans to slash the $38 trillion national debt

Earlier this month, Trump called the country’s mounting debt "peanuts" compared to the money he was bringing in from custom ...
American Enterprise Institute

Import Tariffs and the Supreme Court

On November 5, the Supreme Court is scheduled to begin hearings on the legality of President Trump’s use of emergency power to raise import tariffs to their highest level in the past 100 years. If the ...

US tariff revenue falls for first time since Trump's import taxes in April—massive $38 trillion debt reduction plan at risk?

Tariff revenue declined month-over-month for the first time since President Donald Trump imposed import taxes in April, according to Treasury Department data released on Wednesday. The government ...
Inc

As Import Volumes Plunge, Tariff Uncertainties Increase for U.S. Port Operators

One of the biggest complaints employers have had since Trump’s April “Liberation Day” tariff announcement has been the uncertainty created by the tariffs’ ever-changing details. And with the Supreme ...

US Trade Court Won’t Pause Customs Process Amid Tariff Fight (1)

A US trade court has denied a request to suspend a customs process for finalizing import duties while the US Supreme Court decides whether to strike down President Donald Trump’s global tariffs.