News

WASHINGTON >> U.S. customs duty collections jumped again in June as President Donald Trump’s tariffs gained steam, topping ...
The data shows that tariff revenues are starting to build into a significant revenue contributor ahead of an August 1 ...
Why It Matters: This news comes on the heels of the U.S. Customs and Border Protection (CBP) collecting over $106 billion in ...
Brazilian President Luiz Inácio Lula da Silva says he will impose retaliatory tariffs on the United States if President ...
President Donald Trump says he wants 50% import taxes on goods from Brazil, even though Brazil buys more from the U.S. than ...
U.S. brings in $100 billion from new tariffs so far, amid threat of more import taxes ...
The Yale Budget Lab noted that the letters sent Monday would hike the effective tariff rate on U.S. consumers to the highest ...
Import duty is tax collected on imports and some exports by a country's customs authorities to raise state revenues. Import duty may also be referred to as customs duty, tariff, import tax, or ...
The pause on the biggest of Trump's tariffs won't end this week, but the president continues to pledge steep new duties against major countries.
The letters warned the countries to not retaliate by increasing their own import taxes, or else the Trump administration ...
US customs duty collections surged again in June as President Donald Trump's tariffs gained steam, topping $100 billion for ...