Trump’s tariff revenues that have set record steps so far this year

Standard tariff revenues topped $ 113 billion for the first time during the fiscal year – a revelation that comes as president Donald Trump It imposes duties close to the week on some of the world’s largest economies.

The United States has received more than $ 27 billion in customs duties in June, the highest number so far this year, according to customs and tax taxes at the Treasury. Compared to last June, this year’s numbers increased by 301 %.

The list of countries facing the latest customs tariffs of Trump

In January, the customs tariff revenues hovered about $ 7.9 billion and more than twice in April to $ 16.3 billion. Meanwhile, July extends the right track to continue as a contributor to the revenue of the federal government.

To date, Trump has announced plans to impose a 30 % tariff on imports from Mexico and all 27 countries that make up the European Union.

Shipping containers at Houston Port for Power on February 10, 2025, in Texas. (Brandon Bell / Getti Emaiz)

The administration said it would put 50 % of the fees on imports and copper products from Brazil and a 35 % tariff on Canadian goods.

Those DefinitionsIt is scheduled to enter August 1, in addition to more than 20 countries that already face similar measures.

Treasury Secretary Scott bet The Peter Navarro Trade Adviser said previously that the administration expects the customs tariffs to generate more than $ 300 billion of revenue for the federal government.

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Since the Trump administration increases the revenues of customs tariffs, it is American companies that pay these higher taxes to import to the federal government.

However, the economic burden can ultimately be transferred to American consumers through high prices.