US Collects $28B in Tariff Revenue in July, a Monthly Record
The United States collected $28 billion in tariff revenue in July, the highest monthly total this year, according to the Treasury Department’s “Customs and Certain Excise Taxes” data. The total has already surpassed June’s $25B record, and only accounts for tariffs collected up to July 25. So far, the US has collected over $150B in tariff revenue in 2025. JUST IN: United States collected $28 billion in tariff revenue in July, the highest monthly total this year. — Watcher.Guru (@WatcherGuru) July 29, 2025 The tariffs first imposed by President Donald Trump back in April brought over $80B in revenue through June 2025. We are bringing in “much more money than we have scheduled” through revenue from trade tariffs, Trump told reporters last month. Many experts have viewed the tariffs as a huge success; however, they have disrupted the normal flow of trade, making imports and exports expensive for businesses. Furthermore, the tariffs are known to spark price increase...