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Trump’s Tariffs Are Smashing Records: $26 Billion in June Alone
President Trump's tariffs are pouring billions more into US coffers in June, putting the revenue supplied by importers on pace for another monthly record.
The latest measure of government receipts for "Customs and Certain Excise Taxes" stood at more than $26.7 billion for the month of June, according to the Treasury Department’s latest daily statement dated June 24.
The monthly total is likely to rise only slightly in the coming days, with importers often depositing their tariff duties in a single day and this latest statement showing a massive daily deposit of more than $19.9 billion.
June’s total so far has already topped May’s total haul of about $22 billion — not to mention April and March totals of $17.4 billion and $9.6 billion, respectively.
It was a continuation of revenue spikes seen during Trump's second term in office that are dwarfing counts from recent history as well as the amounts collected during Trump's first term.
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