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

Tariff revenue quadrupled compared to a year ago and cost savings increased sharply in June to help the federal government ...

The U.S. government posted a surplus in June as tariff receipts gave an extra bump to a sharp increase in receipts, the ...

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

U.S. gross customs duties reached a record $27.2 billion in June, largely due to President Trump's tariffs. This contributed ...

Trump hoped his tariffs on Brazil would help Bolsonaro avoid accountability for his illegal attempt to stay in power in 2023.

For the first nine months of fiscal 2025, U.S. customs duty collections reached $113.3 billion on a gross basis and $108 billion net, nearly double the prior year’s take.

Eliminating $2 trillion annual deficit would require increasing revenue, decreasing spending, or a combination of the two.

The Australian share market closed higher, despite the announcement of 50 per cent tariffs on copper being sold into the US from August 1. Meanwhile, the federal budget is within touching distance of ...