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Despite President Donald Trump's insistence that other countries are paying the tariffs that his administration imposed on goods coming into the U.S., research from the Federal Reserve Bank of New ...

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President Trump's tariffs have led to a surge in revenue for the government, but also a record-breaking financial shortfall among importers required to buy special bonds to guarantee payment of trade ...

Import bonds that U.S. Customs and Border Protection require to cover trade duties on shipments have soared as a result of steepening tariffs levied by President Trump, as have "insufficient notices" ...

Almost all of President Trump's tariffs last year were passed on to U.S. consumers and businesses in the form of higher costs, according to an analysis from the Federal Reserve Bank of New York. As ...

UPDATE (February 20, 2025): The US Supreme Court has struck down Trump’s tariffs imposed under the International Emergency Economic Powers Act (IEEPA), effectively eliminating the 10 percent “fentanyl ...