Tariff revenue was supposed to be a straightforward windfall, yet the money arriving at the U.S. Treasury has repeatedly fallen short of early projections. Looking closely at the 2019 data, I see ...

UNITED STATES - NOVEMBER 5: A protester holds a sign as the U.S. Supreme Court hears arguments on President Trump's tariffs on Wednesday, November 5, 2025. (Bill Clark/CQ-Roll Call, Inc via Getty ...

Treasury Secretary Scott Bessent said the Trump administration has a backup strategy to keep broad tariffs in place if the U.S. Supreme Court strikes down the emergency-powers authority currently used ...