US EditionU.S. posts suprise $27 billion budget surplus in June, boosted by tariffs
UNITED STATES, JUL 11 – Tariff receipts surged 301% from last year, contributing to a $27 billion surplus that reversed the prior $316 billion deficit, Treasury reported.
- The U.S. government posted a surprise $27 billion budget surplus in June, driven largely by increased tariff revenues.
- Following a deficit of $316 billion in May, a surplus emerged in June, driven in part by tariffs that the Trump administration began implementing in April.
- Customs duties reached $27 billion in June, more than triple the previous year, with fiscal year-to-date tariff collections hitting $113 billion.
- On July 8, Treasury Secretary Scott Bessent stated that the U.S. is expected to generate tariffs exceeding $300 billion by the close of the year as part of its trade strategy.
- Despite the June surplus, the fiscal year deficit rose 5% to $1.34 trillion, and the national debt continues to grow amid high interest payments and new spending bills.
79 Articles
79 Articles
Customs duties top $100B for first time in a fiscal year | Honolulu Star-Advertiser
WASHINGTON >> U.S. customs duty collections jumped again in June as President Donald Trump’s tariffs gained steam, topping $100 billion for the first time during a fiscal year and helping to produce a surprise $27 billion budget surplus for the month, the Treasury Department reported today.
Trump Effect: US Posts Budget Surplus Due To Tariffs
Donald Trump’s tariff strategy is working. The United States government had a surprise budget surplus in June. Breitbart reported: The federal government posted an unexpected budget surplus in June, fueled by a sharp rise in tariff revenues and higher-than-anticipated tax receipts, marking a notable vindication for President Donald Trump’s economic strategy. The $27 billion surplus reported Friday by the Treasury Department stood in stark contra…
Treasury Announces $27 Billion June Surplus from Tariff Revenue Surge - The Virginia Star
by Ben Whedon The Department of the Treasury on Friday announced that the government had posted a surplus for June due to an influx in tariff revenue. The Treasury’s monthly statement revealed that the government had posted $499 billion in outlets during June while bringing in $526 billion in revenue. The $27 billion surplus was also the exact value of receipts from “customs duties.” Since the beginning of the year, moreover, the U.S. has brou…
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