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U.S. Government Posts June Surplus Amid Rising Tariff Collections
UNITED STATES, JUL 13 – Tariff revenues surged 301% from last June, driving a $27 billion surplus that reversed a $316 billion deficit from May, the Treasury Department reported.
- Friday saw the U.S. Treasury Department post a just over $27 billion June surplus, reversing the May deficit and marking the first June surplus since 2017.
- Earlier this year, the administration rolled out the April 2 "Liberation Day" policy, as the Department of Homeland Security press release described tariffs aimed at leveling the trade field and penalizing hostile countries.
- Published July 14, 2025, data shows tariff revenues topped $113 billion for the fiscal year, marking an 86% increase and showing $64 billion in second-quarter customs duties, nearly $47 billion above last year.
- During an appearance on Newsmax, Dick Morris said the $27 billion June surplus proves Trump’s tariffs work, with the adviser declaring a quote.
- Next month, tariffs are set to generate an additional $300 billion or $400 billion of revenue and noting that duties will extend to more than 20 countries on Aug. 1.
19 Articles
19 Articles
'Insanely stupid': Trump advisor brually mocked for calling higher prices 'tax cuts'
Peter Navarro, Senior Counselor to the President for Trade and Manufacturing, says the White House likes “where we’re at” with tariffs—which he insists are “tax cuts,” despite broad disagreement from economists. Navarro also says President Trump’s tariffs have brought in $100 billion in six months, but he also insists that that money is paid by foreign countries. Ultimately, tariffs are generally paid—at least in part—by consumers, as higher pri…
New York.- President Trump's tariffs have generated record revenue for the U.S. coffers since he implemented the controversial "Liberation Day" policy on April 2. However, additional revenues are still well below the administration's optimistic projections. The tariffs generated during the second quarter reached $64 billion, exceeding by nearly $47 billion the total collected during the same period of the previous year, according to U.S. Treasur…
Trump tariffs rake in $64B since ‘Liberation Day’ rollout— but record windfall remains below projections
President Trump’s tariffs have added a record haul for US coffers since he rolled out the controversial "Liberation Day" policy on April 2 -- but the added revenue still fell well short of the administration's rosy projections.
According to the Financial Times, US revenue from customs payments from its trading partners has risen to a record high, almost $50 billion more in the second quarter than in the previous year's quarter.
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