October Was the Highest Tariffed Month in US History, New Data Shows

Anxiety over tariffs may be on pause amid the 90-day trade truce between the U.S. and China, but already in place tariffs haven’t abated when it comes to doing damage to businesses’ bottom lines. U.S. companies paid a total of $6.2 billion in tariffs in October—$2.8 billion of which was a result of new Trump…