Treasury Secretary Scott Bessent told Congress that it is "highly likely" that a pause related to steep new US tariffs on other countries will be extended for countries that are negotiating with the administration "in good faith.

A lot of durable goods sold to consumers are imported or contain imported components or materials subject to the new tariffs.

Inflation rose less than expected in May, a month when the effects of higher tariffs were starting to become more widespread.

Revenue from duties jumped to $22 billion in May, and customs officials are stepping up enforcement to collect it.

Discover May's inflation trends with insights from the Bureau of Labor Statistics. Click for my full review of the CPI data and a look at what it means for markets.

The U.S. government posted a $316 billion budget deficit for May, down 9%, or $31 billion, from a year earlier, as customs receipts nearly quadrupled to a record $23 billion due to President Donald Trump's steep new import tariffs,

United Auto Workers President Shawn Fain says General Motors’ plan to invest in U.S. factories shows President Trump’s automotive tariffs are working. GM on Tuesday said it

Victoria's Secret is "optimizing" discounts and gifts that it gives customers to offset higher costs from tariffs. Price increases are also possible.