A new 25 percent tariff on imported semiconductors is now in effect, but the new import tax does not affect consumer ...
President Donald Trump recently suggested Americans would be paid out $2,000 using tariff revenue, defending his controversial trade policy as it faces legal hurdles, though bettors express serious ...
Terry Lane is a writer for Investopedia with 25 years of experience in journalism and communications. He covers personal finance, Congress, government regulations, and economics. Justin Sullivan / ...
President Donald Trump said the U.S.’s tariff income is about to see a sharp uptick, claiming that the inventories of foreign goods stockpiled by buyers looking to avoid his sweeping tariffs are ...
The national debt now stands at more than $38 trillion. The tariff revenue we rake in is just a drop in the bucket compared to that amount. The Trump administration has proposed using tariff revenue ...