U.S. POSTS 258B APRIL BUDGET SURPLUS, UP 23% Strong tax payments and record import tariffs boosted the U.S. April surplus to 258B, Treasury reported. 🔸 16B in customs duties, up 9B from last year. 🔸 U.S. collected 500M/day from tariffs, far below Trump's 2B/day claim. 🔸 Tariff revenue will fall as U.S.-China agreed to cut tariffs (U.S. to 30%, China to 10%) for 90 days. For fiscal 2025 (Oct-Apr): 🔸 Deficit: 1.049T, up 23%. 🔸 Receipts: 3.11T, Outlays: 4.16T — both April records. 🔸 Adjusted for timing effects, the deficit rose 4%.