US Rakes in Over $87 Billion in Tariffs Within Six Months
The United States has already surpassed its entire 2024 tariff revenue within the first half of 2025, bringing in more than $87 billion by the end of June, according to US Treasury data compiled by AFP.
This figure overtakes the $79 billion collected across all of last year and marks a strong resurgence in tariff-based income, reflecting ongoing changes in US trade policy under President Donald Trump.
Since returning to office, President Trump has significantly departed from the nation’s post-World War II trade philosophy that emphasized open markets. Instead, he has imposed tariffs on both international partners and specific goods like steel.
While the administration has since negotiated new trade arrangements with several nations—featuring rates higher than past agreements – these are generally less severe than the maximum tariffs the President once proposed.
The highest tariff revenue on record remains at $98 billion, achieved in 2022.
June alone contributed a substantial $26.6 billion, nearly quadrupling the amount gathered in January, indicating a sharp acceleration in tariff collection.
On Thursday, President Trump reaffirmed his stance on aggressive trade measures, stating:
“ONE YEAR AGO, AMERICA WAS A DEAD COUNTRY, NOW IT IS THE ‘HOTTEST’ COUNTRY ANYWHERE IN THE WORLD,” he wrote on his Truth Social account.
He described the tariffs as key to restoring national wealth and global strength:
“Sweeping tariffs… were making the country ‘great & rich again,'” he added, noting that numerous countries rushed to negotiate with Washington just before the August 1 deadline.
From August 1, the new agreements are set to take effect, along with a 50% tariff on copper imports. Additionally, for approximately 80 countries, including all 27 members of the European Union, revised tariffs ranging from 11% to 50% will be enforced.
