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

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

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

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

Why It Matters: This news comes on the heels of the U.S. Customs and Border Protection (CBP) collecting over $106 billion in ...

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

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

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

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

U.S. is nearing a major trade agreement with India as President Trump signals progress amid rising global tariffs. With new ...

President Donald Trump’s Department of Government Efficiency targeted big savings, but independent estimates say the result is closer to a $20 billion reduction in annual spending.

The U.S. Treasury will announce a significant increase in tariff revenue under President Trump, revealing over $100 billion ...