Trump's Tariff Revenues Are Hitting Record Highs in 2025
Tariff revenues have soared to a record-breaking $113 billion during the current fiscal year — the highest ever recorded — as President Donald Trump continues ramping up trade duties on major global economies.According to the Treasury Department’s latest “Customs and Certain Excise Taxes” data, the U.S. collected over $27 billion in customs duties in June alone. That marks the single highest monthly total this year and a stunning 301% increase compared to June of last year.
Tariff collections have been rising steadily throughout the year. In January, the government brought in about $7.9 billion. By April, that number had already more than doubled to $16.3 billion. July appears poised to continue the trend, with more tariff revenue rolling in.
🚨 BREAKING: Trump’s tariffs just did something Washington said was impossible:
The U.S. posted a BUDGET SURPLUS in June!
👉 $27 billion
👉 First June surplus since Trump’s first term
👉 Driven by a 301% surge in tariff revenue
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The annual inflation rate, as measured by the Consumer Price Index (CPI), is currently around 2.7%, says the U.S. Congress Joint Economic Committee. While short-term fluctuations are expected, the long-term core inflation rate is projected to remain around 2.60%, according to Trading Economics. Jerome Powell could help this along by lowering inerest rates.
1 comment:
Well I hope he sends us a rebate it'll help us with our property taxes here in Florida they keep inflating the market values although sales are really down now in 2025 the taxes still increased a lot and it's really unfair outrageous what they keep doing to us in the state but they're going to be taxing a lot of people out of this day and nobody's going to want to buy or live in Florida anymore I hope we can get some rebate checks to help us to offset the high taxes that we have to keep paying the property taxes I think property appraiser offices in Florida are highly inflating Market values of properties right now and it's all going to backfire on them and it's going to cause a great real estate crisis very soon it's already happening!
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