The U.S. collected a record $288 billion in customs duties over the past year, more than triple the level seen just a few years ago. Higher tariffs and increased import values have sharply boosted government revenue from trade taxes.

The U.S. collected a record $288 billion in customs duties over the past year, more than triple the level seen just a few years ago. Higher tariffs and increased import values have sharply boosted government revenue from trade taxes.

Two-thirds of Americans view free enterprise favorably, but only half say the same about capitalism, a gap that appears across parties and ideologies.
Trump’s order waives specified provisions under Sections 102 through 117 and directs the US Trade Representative to monitor purchases of Russian energy and report circumstances that may warrant further action.
Five-year-old Rhoam Summer was among the victims identified. A seven-year-old child and another teacher remain hospitalized with critical injuries.