US EditionUS Treasury Hits Record $15 Billion In Customs And Excise Tax Haul Amid Trump's Trade Policies
- U.S. Customs duty collections hit a record $15.4 billion in April, a 60% increase from the previous month, according to data from the Treasury Department reviewed by Bloomberg.
- The surge in revenue is linked to President Donald Trump's tariffs, including a renewed 25% tariff on steel and a new 10% universal tariff.
- Daily collections of customs duties rose nearly 40% in April compared to March, and the total may rise further as these tariffs take full effect, according to Bloomberg reports.
- Trump aims to reduce reliance on income taxes through tariffs, stating, "in the old days, about 1870 to 1913, the tariffs were the only form of money.
17 Articles
17 Articles
The Free Press (Tampa)
The Daily Caller$15 Billion And Climbing: Trump’s Tariffs Deliver Record High Revenue
U.S. Customs duty collections soared more than 60% in April, marking the highest monthly revenue haul in terms of dollars in American history. According to newly released Treasury Department data reviewed by Bloomberg, at least $15.4 billion in customs duties and related excise taxes flowed into federal coffers last month, $6 billion more than the month before. […] $15 Billion And Climbing: Trump’s Tariffs Deliver Record High Revenue
$15 Billion and Climbing: Trump’s Tariffs Deliver Record High Revenue
by Floyd Buford U.S. Customs duty collections soared more than 60% in April, marking the highest monthly revenue haul in terms of dollars in American history. According to newly released Treasury Department data reviewed by Bloomberg, at least $15.4 billion in customs duties and related excise taxes flowed into federal coffers last month, $6 billion more than the month before. This spike in revenue coincides with the first wave of President Do…
$15 Billion and Climbing: Trump's Tariffs Deliver Record High Revenue
U.S. Customs duty collections soared more than 60% in April, marking the highest monthly revenue haul in terms of dollars in American history. According to newly released Treasury Department data reviewed by Bloomberg, at least $15.4 billion in customs duties and related excise taxes flowed into federal coffers last month, $6 billion more than the month before. This spike in revenue coincides with the first wave of President Donald Trump’s newly…
Trump’s Tariffs Deliver Record High Revenue
by Floyd Buford at CDN - U.S. Customs duty collections soared more than 60% in April, marking the highest monthly revenue haul in terms of dollars in American history. According to newly released Treasury Department data reviewed by Bloomberg, at least $15.4 billion in customs duties and related excise taxes flowed into federal coffers last month, $6 billion more than the … Click to read the rest HERE-> Trump’s Tariffs Deliver Record High Revenu…
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