Trump's tariffs making a fortune? US tariff revenue soared to $87.2 billion in the first half of the year, surging 4 times in June, expected to reach $300 billion for the whole year.

The U.S. Treasury Department unexpectedly revealed a new fiscal pillar in its routine budget report released earlier this month: data shows that benefiting from the reciprocal tariff policy implemented by the Trump administration since April of this year, U.S. tariff revenue reached $87.2 billion in the first half of 2025, significantly higher than the same period in previous years. (Background: The U.S. June CPI reached its highest this year! Tariff effects emerge, The Federal Reserve (FED) remains cautious on interest rate cuts, Bitcoin once fell below $116,000) (Background supplement: Trump called for a 50% tariff on imported copper, and a maximum of 200% on pharmaceuticals! Copper prices hit a historic high) The U.S. Treasury Department unexpectedly revealed a new fiscal pillar in its routine budget report released earlier this month: data shows that benefiting from the reciprocal tariff policy implemented by the Trump administration since April of this year, U.S. tariff revenue reached $87.2 billion in the first half of 2025, significantly higher than the same period in previous years. June's tariff performance was outstanding, with data from U.S. Customs and Border Protection (CBP) showing that in June 2025 alone, tariff revenue reached $26.6 billion, four times the usual level, setting a historic high. Among them, the 10% benchmark tariff effective from April 5 contributed over $17.7 billion in revenue to the U.S. Treasury, covering almost all imported goods. In addition, specific tariffs on the automotive industry, including 25% to 50% tariffs on steel, aluminum, and auto parts, brought in over $10.7 billion in revenue. These measures aim to protect U.S. domestic manufacturing and promote the return of industries. Full-year tariff revenue is estimated to reach $300 billion, with tax rates hitting a century-high. In this context, U.S. Treasury Secretary Scott Bessent stated that if the reciprocal tariff policy continues to be implemented, total tariff revenue for 2025 is expected to reach $300 billion, far exceeding current levels. Analysts estimate that monthly average tariff revenue in 2025 may increase by $10 billion, with a total close to $37 billion/month. At the same time, according to estimates from Yale University's budget lab, the overall average effective tariff rate in the U.S. has risen to 20.6%, the highest level since 1910. The share of tariffs in the total value of U.S. imports is also rapidly increasing, and a new round of reciprocal tariffs set to take effect on August 1 is expected to push this figure even higher. Economic impacts and controversies coexist. The reciprocal tariff policy has brought significant revenue to U.S. finances, but it has also triggered various economic challenges. On the positive side, tariff revenue helped the U.S. achieve a budget surplus of $27 billion in June 2025, providing support for federal finances. However, high tariffs have also increased import costs, leading U.S. households to bear an average additional tax burden of about $1,300. J.P. Morgan's research indicates that global economic growth expectations have been downgraded as a result, with global real GDP growth for the fourth quarter of 2025 expected to be only 1.4%. Additionally, tariffs may exacerbate inflationary pressures, with core CPI expected to rise by 0.2 percentage points. The deficit hole remains, long-term fiscal challenges. Although tariff revenues are impressive, the fiscal gap continues to widen. In this regard, Yale economist Ernie Tedeschi warned that the U.S. "may become addicted to tariff revenue," but as business and consumer behaviors adjust, tax sources will gradually shrink, and fiscal policy will still have to face a structural black hole. Furthermore, U.S. tariff measures may provoke stronger retaliatory actions globally. If tensions escalate, not only will the supply chain become more fragmented, but defense procurement costs may also rise, creating variables for geopolitics. Overall, the cash flow brought by tariffs acts like a shot of adrenaline, briefly coloring the federal ledger red, while also giving Trump leverage in trade negotiations. However, the economy is like a domino effect; each adjustment in tax rates may alter the order of costs, prices, and demands. Ultimately, whether this double-edged sword can sustain U.S. long-term finances or be counteracted by inflation and growth slowdown depends on how the market and policy track the direction of the next domino falling. Related reports: Trump states that tariff notification letters to 12 countries will be sent out next Monday; Zhu Rongtai: prioritizing the protection of sensitive products in Taiwan, negotiations are ongoing. Trump extends tariffs to take effect on 8/1! Latest tariff rates for six Asian countries including Japan, South Korea, and Malaysia released. After the Trump-Xi hotline, a new round of U.S.-China negotiations will take place in London on the 9th, with tariffs and rare earth trade as focal points. <Trump's tariffs are profitable? U.S. tariff revenue soared to $87.2 billion in the first half of the year, June surged fourfold, and the full year looks at $300 billion> This article was first published in BlockTempo, the most influential blockchain news media.