No, we’re still not tired of winning yet. The numbers are in, and we learned on Monday that April’s income from customs duties – mostly tariffs – is breaking records, topping $16 billion. That is, as someone once said, a big freaking deal.
Receipts from U.S. tariffs hit a record level in April as revenue from President Donald Trump’s trade war started kicking in.
Customs duties totaled $16.3 billion for the month, some 86% above the $8.75 billion collected during March and more than double the $7.1 billion a year ago, the Treasury Department reported Monday.
That brought the year-to-date total for the duties up to $63.3 billion and more than 18% ahead of the same period in 2024. Trump instituted 10% across-the-board tariffs on U.S. imports starting April 2, which came on top of other select duties he had leveled previously.
Note that these numbers came in…
