{"id":129002,"date":"2025-09-03T05:54:15","date_gmt":"2025-09-03T05:54:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/129002\/"},"modified":"2025-09-03T05:54:15","modified_gmt":"2025-09-03T05:54:15","slug":"us-tariff-revenue-hits-2025-record-30-billion-in-august","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/129002\/","title":{"rendered":"US tariff revenue hits 2025 record $30 billion in August"},"content":{"rendered":"\n<p>NEWYou can now listen to Fox News articles!\n  <\/p>\n<p class=\"speakable\">The U.S. collected more than $30 billion in <a href=\"https:\/\/www.foxbusiness.com\/category\/tariffs\" target=\"_blank\" rel=\"noopener nofollow\">tariff revenues<\/a> in August, already the highest monthly total so far for 2025 \u2014 and with more data still to be reported.\u00a0<\/p>\n<p class=\"speakable\">Total tariff revenue for 2025 has reached more than $183 billion, according to the latest &#8220;Customs and Certain Excise Taxes&#8221; data released Thursday by the Treasury Department. Tariff revenue for Friday through Sunday has not yet been reported.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/politics\/trump-says-us-would-completely-destroyed-without-tariff-revenue\" target=\"_blank\" rel=\"noopener nofollow\">TRUMP SAYS US WOULD BE &#8216;DESTROYED&#8217; WITHOUT TARIFF REVENUE<\/a><\/p>\n<p>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.\u00a0<\/p>\n<p>At the current pace, the U.S. could collect as much tariff revenue in just four months to five months as it did during the entire previous year.<\/p>\n<p>Compared to this time in 2025, tariff revenues were at $86.5 billion for the fiscal year.<\/p>\n<p> <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/09\/tariff-revenue-line-chart-macias.png\" alt=\"Line chart showing 2024 and 2025 tariff collections\" width=\"1200\" height=\"675\"\/> <\/p>\n<p>A year-over-year comparison of tariff collections. (U.S. Treasury)<\/p>\n<p>The surge in revenue coincides with a federal appeals court ruling that President <a href=\"https:\/\/www.foxbusiness.com\/category\/donald-trump\" target=\"_blank\" rel=\"noopener nofollow\">Donald Trump<\/a> overstepped his authority by using emergency powers to impose sweeping global tariffs.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/politics\/trump-calls-tariff-windfall-so-beautiful-see-cash-sails\" target=\"_blank\" rel=\"noopener nofollow\">TRUMP CALLS TARIFF WINDFALL &#8216;SO BEAUTIFUL TO SEE&#8217; AS CASH SAILS IN<\/a><\/p>\n<p>In its Friday decision, the court said the power to set such tariffs rests squarely with Congress or within existing trade policy frameworks. The ruling does not affect tariffs imposed by other legal authorities, such as Trump\u2019s levies on steel and aluminum imports.<\/p>\n<p> <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/09\/trump-smiling.jpg\" alt=\"Trump smiles on the White House lawn\" width=\"1200\" height=\"675\"\/> <\/p>\n<p>President Donald Trump previously has said that tariff revenue could offset the cost of his &#8220;big beautiful bill&#8221; and add hundreds of billions to the U.S. economy. (Win McNamee\/Getty ImagesGetty Images)<\/p>\n<p>Attorney General <a href=\"https:\/\/www.foxnews.com\/category\/person\/pam-bondi\" target=\"_blank\" rel=\"noopener nofollow\">Pam Bondi<\/a> announced the Justice Department will appeal the decision to the Supreme Court. In the meantime, the court allowed the tariffs to remain in place through Oct. 14.<\/p>\n<p>The setback chips away at Trump\u2019s trade policy, long a centerpiece of his economic agenda, which leans heavily on tariffs to raise revenue and exert pressure on foreign trading partners.\u00a0<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/apps-products?pid=AppArticleLink\" target=\"_blank\" rel=\"noopener nofollow\">CLICK HERE TO GET THE FOX NEWS APP<\/a><\/p>\n<p>Trump previously has said that tariff revenue could offset the cost of his &#8220;big, beautiful bill&#8221; and add hundreds of billions to the U.S. economy.<\/p>\n<p>Treasury Secretary <a href=\"https:\/\/www.foxbusiness.com\/category\/scott-bessent\" target=\"_blank\" rel=\"noopener nofollow\">Scott Bessent<\/a> previously said that the Trump administration could apply part of the tariff revenue toward lowering the national debt.<\/p>\n<p> <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/09\/gettyimages-2219049963.jpg\" alt=\"Treasury Secretary Scott Bessent\" width=\"1200\" height=\"675\"\/> <\/p>\n<p>Treasury Secretary Scott Bessent previously said that the Trump administration could apply part of the tariff revenue toward lowering the national debt. (Eric Lee\/Bloomberg\/Getty Images)<\/p>\n<p>The nation&#8217;s debt is nearing <a href=\"https:\/\/www.foxbusiness.com\/economy\/us-national-debt-tracker\" target=\"_blank\" rel=\"noopener nofollow\">$37.2 trillion<\/a> as of Aug. 18, according to the Treasury Department.\u00a0<\/p>\n<p>The staggering figure has intensified the long-standing debate in Washington over government spending, taxation and efforts to rein in the ballooning deficit.<\/p>\n<p>Amanda covers the intersection of business and geopolitics for Fox News Digital.<\/p>\n","protected":false},"excerpt":{"rendered":"NEWYou can now listen to Fox News articles! The U.S. collected more than $30 billion in tariff revenues&hellip;\n","protected":false},"author":2,"featured_media":129003,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,12,101,447,3123],"class_list":{"0":"post-129002","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-donald-trump","10":"tag-economy","11":"tag-trade","12":"tag-white-house"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/129002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=129002"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/129002\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/129003"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=129002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=129002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=129002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}