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Trump tariff revenue soars 78%. Who’s paying them? Tariff collections are up sharply in the last two months. Congressional forecasters say tariffs could help reduce the federal debt, but they'll ...
Treasury Secretary Scott Bessent on Sunday defended the Trump administration's escalating tariff policies, saying that while some companies have already announced price hikes, he thinks others ...
Earnings Results RH, slammed by tariff fears in April, is now rallying. Here’s why. ‘We are performing at a level most would expect in a robust housing market,’ CEO says ...
Even if the Trump administration didn’t provide those subsidies, tariff revenue is still just a drop in the bucket. That $77 billion the U.S. raked in last year accounted for just 1.57% of total ...
Trump says he could reach a 'couple' of broader trade deals; President says he prefers simple approach with clear tariff rate; About 100 countries could see 10% reciprocal rate, Treasury's Bessent ...
As Trump's tariff deadline nears, the U.S. is seeking trade proposals from global partners, including the EU and Japan, focused on industrial and agricultural products.
Retailers are raising the bar for free delivery—or eliminating the perk—as they seek to mitigate tariff costs. By . Liz Young. and . Paul Berger. Share. Resize. Listen (1 min) ...
In the draft, the U.S. is asking countries to list their best proposals in a number of key areas, including tariff and quota offers for purchase of U.S. industrial and agricultural products and ...
Trump’s Tariff Clock Is Ticking After G-7 Fails to Yield Deals. Trump Leaves G-7 Summit Early Over Growing Tensions in Middle East. Trump Called Canada the 51st State.
Before the new 50% tariffs were introduced, the trade association estimated that tariff activity would add roughly $10,900 to the average cost of a new home. More from CBS News.
The consulting firm said tariff costs should drop by 40% from current levels to $30 billion in 2026. Consumers will be hit with 80% of the tariff expense, Wakefield said at an online press conference.
Stock market’s haul in May comes as tariff turmoil and job angst lurk on the horizon S&P 500 seizes huge May gains — and lands back on the doorstep of record territory.
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