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

The U.S. surplus amounted to a little more than $27 billion, a stark contrast to the $316 billion deficit in May. This ...

House Speaker Mike Johnson touted an alleged federal budget surplus for June 2025, the first since 2017, and said with ...

National Economic Council Director Kevin Hassett defended Donald Trump’s newly unveiled 50% tariff against Brazil on ABC News ...

In recent speeches and media scrums, President Donald Trump has lauded the federal budget surplus for the month of June, ...

Donald Trump has proposed 15%-20% blanket levies on most nations amid an unexpected budget surplus in June, because of tariff ...

The federal government ran a surprise budget surplus in June. However, calendar effects papered over the continued spending ...

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

Nobody should be too excited and think this means our country is headed toward lower deficits - especially when the ...

Back in March, we expected that Trump’s Tariff Turmoil (TTT) would become less tumultuous by the end of the summer. We ...

In an interview with ABC News, Kevin Hassett was also pressed about the president's decision to hit imports from Brazil with ...

The market has taken the US threat of 30% tariffs on the EU and Mexico in stride. The dollar is narrowly mixed against the ...