US EditionUS Treasury Hits Record $15 Billion In Customs And Excise Tax Haul Amid Trump's Trade Policies
- U.S. Customs duty collections increased by over 60% in April, reaching a record $15.4 billion, according to Treasury Department data reviewed by Bloomberg.
- This revenue surge corresponds with President Donald Trump's tariffs, including a 25% tariff on steel and a 10% universal tariff announced on April 2.
- Daily customs collections rose nearly 40% in April compared to March, reflecting the early effects of these tariffs, though economists remain skeptical of Trump's trade strategy.
21 Articles
21 Articles
US Secretary of Treasury Scott Bessent said on Sunday that President Donald Trump's tariff policy is continuing to create a "strategic uncertainty" to offer an advantage to the United States, notes AFP, according to News.ro. "In theory...
The Free Press (Tampa)
$15 Billion And Climbing: Trump’s Tariffs Deliver Record High Revenue
U.S. Customs duty collections soared more than 60% in April, marking the highest monthly revenue haul in terms of dollars in American history. According to newly released Treasury Department data reviewed by Bloomberg, at least $15.4 billion in customs duties and related excise taxes flowed into federal coffers last month, $6 billion more than the month before. […] $15 Billion And Climbing: Trump’s Tariffs Deliver Record High Revenue
$15 Billion and Climbing: Trump’s Tariffs Deliver Record High Revenue
by Floyd Buford U.S. Customs duty collections soared more than 60% in April, marking the highest monthly revenue haul in terms of dollars in American history. According to newly released Treasury Department data reviewed by Bloomberg, at least $15.4 billion in customs duties and related excise taxes flowed into federal coffers last month, $6 billion more than the month before. This spike in revenue coincides with the first wave of President Do…
$15 Billion and Climbing: Trump's Tariffs Deliver Record High Revenue
U.S. Customs duty collections soared more than 60% in April, marking the highest monthly revenue haul in terms of dollars in American history. According to newly released Treasury Department data reviewed by Bloomberg, at least $15.4 billion in customs duties and related excise taxes flowed into federal coffers last month, $6 billion more than the month before. This spike in revenue coincides with the first wave of President Donald Trump’s newly…
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