President Donald Trump's tariffs are bringing in far less money than previously projected, helping push the expected federal deficit for fiscal 2026 up by $200 billion, according to a new projection ...
The U.S. Treasury collected $23.6 billion in customs duties in June and sent $49.2 billion back out in tariff refunds. That gap, a net customs outflow of $25.6 billion, helped push the federal budget ...
WASHINGTON, July 13 (Reuters) - Growing refunds ‌from President Donald Trump's tariffs, after they were ruled illegal, pushed the June federal budget deficit to $120 billion, the U.S. Treasury ...
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