The U.S. has collected more than $200 billion in tariff revenues this year, underscoring the scale of President Donald Trump 's trade duties as a significant source of government income.

Tariff revenues hit $31.4 billion in August, the largest monthly total in 2025. September has already climbed to $29.7 billion and is on pace to set a new high.

Total tariff revenue for 2025 has reached $213.3 billion, according to the latest "Customs and Certain Excise Taxes" figures released on Sept. 23 by the Treasury Department.

Tariff revenues rose steadily from $17.4 billion in April to $23.9 billion in May, before climbing to $28 billion in June and reaching $29 billion in July.

Still, the source of tariff revenue is important to note. American businesses pay these import taxes to the fede

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