U.S. customs revenue surged to an all-time high in April as President Donald Trump‘s latest round of tariffs took effect, delivering at least $15 billion in customs duties for the month — a more than 60% increase over previous periods
What Happened: On April 22 alone, the U.S. saw a record $11.7 billion in “customs and certain excise taxes,” as per The data from the Daily Treasury Statement.
According to Zerohedge, this reflects a broader monthly accrual rather than a single-day windfall.
DHS and the US Treasury did not immediately respond to Benzinga’s request for comment.
Earlier in April, a Reuters report suggested that the net customs duties collected in March, as per the Treasury, totaled $8.2 billion—an increase of $2.1 billion compared to the same month last year and the highest level since September 2022.
The “Customs and Excise Taxes” listed in the Daily Treasury Statement represent federal revenue mainly collected by U.S. Customs and Border Protection (CBP) and the Internal Revenue Service …
Full story available on Benzinga.com
U.S. customs revenue surged to an all-time high in April as President Donald Trump‘s latest round of tariffs took effect, delivering at least $15 billion in customs duties for the month — a more than 60% increase over previous periods
What Happened: On April 22 alone, the U.S. saw a record $11.7 billion in “customs and certain excise taxes,” as per The data from the Daily Treasury Statement.
According to Zerohedge, this reflects a broader monthly accrual rather than a single-day windfall.
DHS and the US Treasury did not immediately respond to Benzinga’s request for comment.
Earlier in April, a Reuters report suggested that the net customs duties collected in March, as per the Treasury, totaled $8.2 billion—an increase of $2.1 billion compared to the same month last year and the highest level since September 2022.
The “Customs and Excise Taxes” listed in the Daily Treasury Statement represent federal revenue mainly collected by U.S. Customs and Border Protection (CBP) and the Internal Revenue Service …
Full story available on Benzinga.com
U.S. customs revenue surged to an all-time high in April as President Donald Trump’s latest round of tariffs took effect, delivering at least $15 billion in customs duties for the month — a more than 60% increase over previous periods
What Happened: On April 22 alone, the U.S. saw a record $11.7 billion in “customs and certain excise taxes,” as per The data from the Daily Treasury Statement.
According to Zerohedge, this reflects a broader monthly accrual rather than a single-day windfall.
DHS and the US Treasury did not immediately respond to Benzinga’s request for comment.
Earlier in April, a Reuters report suggested that the net customs duties collected in March, as per the Treasury, totaled $8.2 billion—an increase of $2.1 billion compared to the same month last year and the highest level since September 2022.
The “Customs and Excise Taxes” listed in the Daily Treasury Statement represent federal revenue mainly collected by U.S. Customs and Border Protection (CBP) and the Internal Revenue Service …Full story available on Benzinga.com Read Morebenzinga neuro, Customs and Barder Protection, Donald Trump, excise tax, News, tariffs, Markets, News, Markets, Benzinga News
