which would further diminish revenue gains from the proposed tariffs. This chart shows U.S. government receipts in FY 2023, by source.

President-elect Donald Trump argued that tariffs alone created significant wealth for the US during the Second Industrial ...

Strategists at Morgan Stanley lowered their rating on European equities, in part because of the threat coming from tariffs that could ... U.S. represents 26% of the revenue for the companies ...

But data shows the federal government had been taking in billions in revenue from tariffs on Chinese imports long before Trump came to office, and historians say the high tariff era of the 1890s ...

Currently, tariffs are responsible for relatively little of government revenue, bringing in only $88.3 billion a year. Income taxes, on the other hand, bring in $2.2 trillion, over twenty times ...