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The U.S. collected roughly $165–195 billion in tariff (customs duties) revenue in fiscal year 2025, with year‑to‑date calendar‑year or partial‑year tallies varying by source and cutoffs: Treasury and ...
Fiscal 2025 saw tariff receipts surge to roughly $165–195 billion (Treasury-based and reporting sources vary), more than double FY2024’s ~$77 billion and several times the typical pre-2025 annual coll...
Available reporting shows wide, sometimes inconsistent measures of how much tariff revenue the U.S. has taken in so far in 2025: several data-driven trackers and budget analysts put fiscal-year 2025 c...
President Trump has proposed $2,000 “tariff dividend” payments to most Americans funded by new tariffs, but administration officials and independent analysts say there is no formal plan and the availa...
Removing the 2025 tariffs would, in most major models, lower headline inflation in 2026 by a few tenths to about one percentage point relative to the path with tariffs, and raise 2026 real GDP growth ...
Most recent, widely cited estimates put annual tax payments by undocumented immigrants near $97 billion for 2022 — about $59.4 billion to the federal government and $37.3 billion to state and local go...
The nonpartisan Congressional Budget Office (CBO) finds the One Big Beautiful Bill (OBBB/OBBBA) raises the unified budget deficit by roughly $3.4 trillion over 2025–2034, driven mainly by about $4.5 t...
Yes — Americans are paying for tariffs: economists and policy shops find that U.S. businesses and households bear most of the economic burden through higher prices, lower real incomes and slower growt...
Tariffs raise the price of imported goods and act like a tax on consumers and businesses, tending to reduce real incomes and output while generating government revenue—effects economists and modeling ...
Changes in effective tariff rates in 2025 drove large, observable increases in customs revenue: Penn Wharton estimates tariff changes raised $101.2 billion between January and August 2025 , Yale’s Bud...
Fiscal year 2025 tariff receipts exploded to roughly $195 billion, more than triple FY2024 levels and far above the 2018 peak of $108.2 billion (USAFacts). Analysts estimate the new 2025 tariff progra...
Tariffs enacted in 2025 raise large government revenue—estimates range from about $205 billion collected through October 2025 to projections of roughly $2.0–$2.5 trillion over 2026–35—while most macro...
Tariff collections appear in federal financial reporting as “customs duties” revenue on Treasury and OMB statements and are incorporated into budget projections and deficit calculations by agencies li...