The US tariff revenue for the first time this fiscal year exceeded the 100 billion mark, an increase of 301% year-on-year in a single month.
2025-07-11 20:22:29
The US tariff revenue exceeded $100 billion for the first time this fiscal year, reflecting the impact of the Trump administration's tariffs. The US Treasury's monthly budget report showed that tariff revenue reached $27 billion in June, an increase of 301% year-on-year; the total tariff revenue so far this fiscal year rose to $113 billion. The total US federal government revenue in June increased by about 13% year-on-year. The US federal government's fiscal surplus in June was 27 billion dollars, compared with a deficit of 71 billion dollars in the same period last year. The cumulative deficit for the first nine months of the fiscal year reached 1.34 trillion dollars. Adjusted for calendar differences, the deficit so far this fiscal year has narrowed by 1% year-on-year. President Trump has imposed a series of new tariffs on various goods and trading partners, which has increased the federal government's tariff revenue. Trump has tried to revive domestic manufacturing through tariffs and correct trade imbalances.
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