Reported about 14 hours ago
In August, the first full month of President Trump's 'reciprocal' tariff regime, the U.S. saw tariff revenues reach nearly $30 billion, following a July total of $27.7 billion. The tariffs, imposed on imports with rates ranging from 10% to 50%, have been linked to rising prices in various sectors, as highlighted by a recent inflation report. While the administration celebrates the revenue boost, legal challenges to these tariffs could significantly affect future collections.
Source: YAHOO