Business > Market

One measure shows Americans paid $6.8 billion in tariffs during July - the most in American history

7 days ago   |   By Business Insider

As President Donald Trump escalated the more than yearlong trade dispute between the US and China this summer, Americans paid a record amount in tariffs.
Businesses and consumers in the US paid $6.8 billion in tariffs this July , according to the free-trade advocacy groups Tariffs Hurt the Heartland and the Trade Partnership.
The month of record tariff revenue came before significant escalations between the US and China, which the White House said were necessary to pressure China to change unfair trade practices.
Visit the Markets Insider homepage for more stories .
As President Donald...
Read more ...

 

One measure shows Americans paid $6.8 billion in tariffs during July - the most in American history

One measure shows Americans paid $6.8 billion in tariffs during July - the most in American history

7 days ago   |   By Business Insider

As President Donald Trump escalated the more than yearlong trade dispute between the US and China this summer, Americans paid a record amount in tariffs.
Businesses and consumers in the US paid $6.8 billion in tariffs this July , according to the free-trade advocacy groups Tariffs Hurt the Heartland and the Trade Partnership.
The month of record tariff revenue came before significant escalations between the US and China, which the White House said were necessary to pressure China to change unfair trade practices.
Visit the Markets Insider homepage for more stories .
As President Donald...
Read more ...

 


Search by Tags

   Market      Donald Trump  


Trump reportedly praised the clean-cut look of his new National Security...

Trump reportedly praised the clean-cut look of his new National Security Adviser, after complaining about predecessor John Bolton's bushy mustache

President Trump has enthused about the well-tailored appearance of his new national security adviser, Robert C. O'Brien, The New York Times reported. The president had... Read more ...

'He has to answer for it': Canadian politicians pile on Justin Trudeau over...

'He has to answer for it': Canadian politicians pile on Justin Trudeau over his 'brownface' Aladdin outfit from 2001

Politicians in Canada condemned Prime Minister Justin Trudeau on Wednesday after the publication of a photograph showing him wearing brownface make-up in 2001. The photograph... Read more ...

Trump signed his $147-million replacement border wall with a Sharpie

Trump signed his $147-million replacement border wall with a Sharpie

President Donald Trump visited the $147-million border wall replacement project in Otay Mesa, California, on Wednesday, and called it "amazing." While no new border wall has... Read more ...

Stocks finished mixed as the Fed remains divided over further rate cuts

Stocks finished mixed as the Fed remains divided over further rate cuts

Stocks finished mixed on Wednesday after the Federal Reserve delivered a highly anticipated cut to its benchmark interest rate. US indexes sank further into negative territory... Read more ...

Sandy Hook parents made a chilling back-to-school video that shows the...

Sandy Hook parents made a chilling back-to-school video that shows the horrifying reality of school shootings

The Sandy Hook Promise , a nonprofit founded by families of those whose loved ones were killed in the Sandy Hook Elementary School shooting in 2012, released a back-to-school... Read more ...

A Pennsylvania man used a drone to drop explosives on his ex-girlfriend's...

A Pennsylvania man used a drone to drop explosives on his ex-girlfriend's house, prosecutors say

Prosecutors have accused a Pennsylvania business owner, of strapping improvised explosives to a drone and flying it over his ex-girlfriend's house. Jason Muzzicato, a Bangor... Read more ...

No, the UFOs or 'unidentified aerial phenomena' in those grainy Navy videos...

No, the UFOs or 'unidentified aerial phenomena' in those grainy Navy videos probably aren't aliens

A group of videos, including one published by The New York Times in 2017 , shows US Navy pilots baffled by mysterious objects in the sky. The Navy has confirmed that the... Read more ...

'Bond King' Jeff Gundlach says the Fed may start expanding its balance sheet...

'Bond King' Jeff Gundlach says the Fed may start expanding its balance sheet after injecting $128 billion into markets

Jeffrey Gundlach said that the Federal Reserve may look to expand its balance sheet after a spike in overnight purchase agreements that prompted the Fed to put $128 billion... Read more ...

A divided Fed cuts key rate for 2nd time this year

A divided Fed cuts key rate for 2nd time this year

The Fed's key rate influences many consumer and business loans. Read more ...

View from the top: Inside the Billionaire's Row skyscraper that just became...

View from the top: Inside the Billionaire's Row skyscraper that just became the tallest residential building in the world at 1,550 feet

Central Park Tower , a luxury residential skyscraper on Billionaires' Row in New York City , has officially reached its full height of 1,550 feet. That makes it the tallest... Read more ...