FXHedge
FXHedge|May 31, 2025 14:06
TRUMP'S TARIFFS DELIVER RECORD 23 BILLION REVENUE IN MAY (Zero Hedge) U.S. tariff revenues reached an all-time high in May as President Donald Trump’s trade policies started to fill government coffers. According to the May 28 Daily Treasury Statement, revenues from “customs and certain excise taxes” climbed to a record high of 23.28 billion this month, up from 17.431 billion in April. May was the first full month that Trump’s levies took effect. Most of the tax collections occurred on May 22, exceeding 16 billion. Shortly after his April 2 “Liberation Day” announcement, the administration imposed 10 percent tariffs on nearly every country in the world. Full article: https://www.zerohedge.com/political/trumps-tariffs-deliver-record-23-billion-revenue-may
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