The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
the staff of the Ridgew3ood blog
WASHINGTON, D.C. — Long before today’s debates over the national debt and fiscal policy, America’s first Treasury Secretary, Alexander Hamilton, laid the foundation for a strong financial future by harnessing the power of tariffs to pay down debt and unify a young nation.
the staff of the Ridgewood blog
WASHINGTON, D.C. — The U.S. Department of the Treasury announced Friday that the federal government recorded a $27 billion budget surplus for the month of June 2025, thanks largely to a surge in tariff revenue.
the staff of the Ridgewood blog
Port Newark NJ, U.S. tariff collections surged to a record high in April, with customs duties hitting $16.3 billion for the month, according to data released Monday by the Treasury Department. The spike reflects the growing impact of President Donald Trump’s new trade tariffs, including the 10% across-the-board levy on imports that went into effect on April 2.