US Tariff Revenue Jumps in April Before China De-Escalation
8 Articles
8 Articles
Setback for Trump despite tariff revenue | Johan Carlström
COMMENT. Trump's tariffs are bringing in billions of dollars for the US treasury - money he hopes will finance extensive tax cuts. But the problems are piling up for the president, who has therefore opened the door to a highly unexpected measure.
Record $16B tariff inflow helped ease the US budget deficit rate
Revenue from tariffs hit a record high of more than $16 billion in April, helping to reduce the pace of the U.S. budget deficit accumulation, the Treasury Department said on Monday.Customs duties totaled $16.3 billion last month, nearly double the $8.2 billion brought in for March as President Donald Trump’s sweeping protective tariffs took effect. Trump slapped at least 10% on imports from certain countries and ramped up a trade war with China …
US rakes in record $16B in customs duties in April from Trump tariffs
President Trump’s tariffs brought in $7.6 billion more in customs payments in April than what the US collected the previous month as duties on imported goods ramped up, the Treasury Department said Monday.
Trump’s Tariffs Net $16 BILLION and Slashed Budget Deficit.
PULSE POINTS:What Happened: U.S. tariff receipts reached a record $16.3 billion in April, marking an 86 percent increase from March and over double the amount collected in April 2024. Who’s Involved: President Donald J. Trump, the U.S. Treasury Department, and American taxpayers. Where & When: The United States, April 2025. Key Quote: Treasury Department data shows, “Customs duties totaled $16.3 billion for the month.” Impact: The tariffs contri…
Treasury announces US collected record $16.3 billion in customs duties in April
The new numbers mean that the United States has collected a total $63.3 billion in customs duties since the start of the current fiscal year, which began last October. The number is also a $15.4 billion increase from the same period last year.
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