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
U.S.A. admits that it maintains a “insure” strategy in imposing customs duties: “You will not tell the person of the other part of the negotiations where you will stop” - HotNews.ro
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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