[Data: U.S. Tariff Revenue Hits Historic High of $264 Billion in 2025, Up 234% Year-on-Year] According to a report by The Kobeissi Letter, U.S. tariff revenue in 2025 surged 234% year-on-year, reaching a historic high of $264 billion, an increase of $185 billion compared to 2024. In December alone, tariff revenue increased by $21 billion, skyrocketing 300% year-on-year to reach $28 billion. Meanwhile, tariff revenues for November and October were both $31 billion. In the second half of 2025, monthly average tariff revenue was approximately $30 billion. Based on this growth rate, tariff revenue in 2026 is expected to rise to $360 billion, representing a further year-on-year increase of 36%. Tariff revenue is surging at an unprecedented pace.