"The U.S. collected $1.1 billion more in customs duties in March than it did in February, the Treasury said Thursday, reflecting a sharp rise in tariff revenue on imported goods. Year-over-year revenue from the duties is up nearly $4 billion since January.
Because it takes about a month for new tariffs to show up as receipts in the government's accounting, the increase likely reflects the initial added 10% tariff on Chinese goods imposed by the Trump administration in February plus some of the additional levies on China, Canada and Mexico during March.
President Trump this week claimed the U.S. is currently bringing in $2 billion a day from tariffs.
The $8.75 billion in gross customs duties collected in March -- 14% more than in February -- is just shy of a peak of $9.2 billion in April 2022, after the U.S. saw a runup in imports as pandemic restrictions were easing and supply chains became less tangled.
Overall, the U.S. ran a budget deficit of about $161 billion in March, according to the Treasury." [1]
1. U.S. News: Customs Collections Rise by $1.1 Billion. DeBarros, Anthony. Wall Street Journal, Eastern edition; New York, N.Y.. 11 Apr 2025: A5.
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