Trump tariffs result in U.S. customs duties topping $100B for ‘first time in a fiscal year’

U.S. customs duty collections surged again back in June as President Donald Trump’s tariffs gained momentum, surpassing $100 billion for the first time in a fiscal year. This helps generate a whopping $27 billion budget surplus for the month, the Treasury Department stated on Friday.

U.S. customs duty collections surged again back in June as President Donald Trump’s tariffs gained momentum, surpassing $100 billion for the first time in a fiscal year. This helps generate a whopping $27 billion budget surplus for the month, the Treasury Department stated on Friday.