US EditionTrump’s tariffs are bringing in tens of billions of dollars a month. What’s the government doing with all that money? | News Channel 3-12
UNITED STATES, AUG 6 – Tariffs imposed under President Trump's trade policies generated over $150 billion by July, marking a 242% increase from last year and helping reduce the budget deficit, experts say.
- In July 2025, US tariff receipts approached $30 billion, marking a 242% increase over the amount gathered in July 2024.
- This increase occurred after President Trump instituted a 10% tariff covering almost all foreign products beginning in April 2025, without seeking approval from Congress.
- The tariff revenue flows into the Treasury's general fund, known as "America's checkbook," which pays government expenses including Social Security.
- Trump stated on Tuesday that the main purpose of these tariffs is to pay down debt "in very large quantity," and suggested possible dividends to Americans.
- While tariffs have slightly reduced the $1.4 trillion budget deficit, experts warn they may slow GDP growth by 0.5 percentage points in 2025 and could worsen economic conditions.
21 Articles
21 Articles
New Hampshire Union Leader
UpstractUS expects $50 billion a month in tariff revenues, Lutnick says
WASHINGTON - U.S. Commerce Secretary Howard Lutnick said on Thursday he expects the country is heading towards $50 billion a month in tariff revenues as higher levies on imports from dozens of countries kick in.
Trump says tariffs are flowing into US at ‘not thought’ levels – but what will he do with all that money?
Despite claiming success with record tariff revenue, Trump's policies raise concerns about their impact on the economy. While $30 billion was collected in July 2025, experts suggest that the benefits may not offset rising consumer prices and potential GDP decline.
ledauphine.com
leprogres.frA week after the US President signed the decree, these surcharges replace, for the economies concerned, that of 10% applied since April on almost all products entering the United States.
Local 3 News
noticiasya.comHardly a day goes by without U.S. President Donald Trump boasting about the record tariff revenue the U.S. government has been collecting since raising taxes on nearly all imported goods.
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