US EditionUS Treasury Hits Record $15 Billion In Customs And Excise Tax Haul Amid Trump's Trade Policies
- U.S. Customs duty collections increased over 60% in April, reaching $15.4 billion, the highest in history according to the Treasury Department data reviewed by Bloomberg.
- April's revenue spike coincides with President Donald Trump's tariffs, including a 25% tariff on steel and a 10% universal tariff announced on April 2.
- Daily collections surged nearly 40% in April compared to March; May's total is expected to rise as tariffs fully take effect, as reported by Bloomberg.
- President Trump stated that tariffs could potentially reduce reliance on income taxes, remarking, 'in the old days, about 1870 to 1913, the tariffs were the only form of money.
18 Articles
18 Articles
The Free Press (Tampa)
The Daily Caller$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…
Trump’s Tariffs Deliver Record High Revenue
by Floyd Buford at CDN - 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 … Click to read the rest HERE-> Trump’s Tariffs Deliver Record High Revenu…
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