Standard tariff revenues in April help reduce the accumulation of budget deficit in the United States

The Treasury said on Monday that the revenues of the customs tariff reached the highest record at more than 16 billion dollars in April, which helped reduce the pace of the accumulation of deficit in the American budget.

The total customs duties reached 16.3 billion dollars last month, or nearly 8.2 billion dollars in March Donald Trump Correctly on overwhelming customs duties. Trump slapped at least 10 % on imports from some countries and escalated a trade war with China by hitting the Communist nation by up to 145 % on the goods.

Revenue from year to year-from October 2024 to April 2025-59.2 billion dollars, increased significantly from $ 44.1 billion that were raised during the same period in the fiscal year 2024.

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April receipts witnessed that the federal government is deploying a budget surplus of $ 258 billion for April, an increase of 23 % over the previous year – 850.2 billion dollars of receipts and $ 591.8 billion at expenditures.

The cumulative federal deficit for the fiscal year 2025 until April 30 was 1.049 trillion dollars, which is 22.7 % higher than the $ 855 billion deficit on the same point in the fiscal year 2024. From the definitions It did not reduce the deficit, as it helped reduce the rate of accumulation of deficit.

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From October 2024 to April 2025, the federal government raised 3.11 trillion dollars of revenues and attachments of $ 4.159 trillion which was both records, although the deficit itself was not.

The largest individual income tax sources were ($ 1.681 trillion), social welfare Retirement contributions (1.018 trillion dollars), corporate income taxes (255.2 billion dollars), followed by customs duties (59.2 billion dollars), Al -Makous taxes (59.4 billion dollars), real estate and gift taxes ($ 16.6), and various receipts (21.0 billion dollars).

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However, these new revenues are likely to decrease. US China During the weekend, it reached a deal to temporarily reduce sharp tariffs on each other, as the United States reduced a tariff 145 % to 30 % for the next 90 days, while Chinese imports on American imports will decrease to 10 % of 125 %.

In terms of interest on public debt, the government paid $ 101.65 billion of total interest expenditures in April, and 684.1 billion dollars in the fiscal year 2025 years to date.

Reuters contributed to this report.