The average effective tariff rate has been around 16%, Morgan Stanley Wealth Management calculates, 5 times higher than the past average of 3%.

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 ...

Trump has simply always liked tariffs, a gut-level fixation he developed during the economic rise of Japan in the 1980s. | ...

The U.S. Treasury Department has reported that the country’s customs duty collections have surpassed $100 billion for the ...

Bonded warehouses, run by U.S. Customs and Border Protection, let importers wait to pay tariffs until the goods are ready to ...

Skeptical economists and other self-described experts are scanning a blue sky, determined to find a cloud.

India stands at a critical economic juncture. The combination of sound domestic macroeconomics and rising external frictions ...

U.S. Treasury Secretary Scott Bessent announced Tuesday that tariff revenues have reached approximately $100 billion so far ...

CPI jumped to 2.7% on the 15th, with core CPI, which excludes food and energy, is now up to 2.9%.

The second-quarter performance for SMEs was in expansionary range, according to OCBC. Read more at straitstimes.com. Read ...

His on-again, off-again approach to reshaping international trade is affecting the U.S. economy and the people in it.