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Trump's tariff revenues hit record highs as Supreme Court deals major blow

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1 hour ago

Tariff collections surged to historic highs under President Donald Trump, advancing his trade agenda before the Supreme Court stepped in on Friday to limit the power behind many of the levies. Tariffs have been a defining feature of Trump's economic agenda since his return to office, and revenue from the duties has risen roughly 300%. In January alone, duties brought in $30.4 billion — up 275% from a year earlier. For the fiscal year to date, collections have reached $124 billion, an increase of about 300% over the same period last year.This administration has repeatedly argued that tariff rev...

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