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Revenues from Tariffs Spiked to $23 Billion in May, up by 168% in 3 Months
wolfstreet.com/2025/06/02/revenues-from-tariffs-spiked-to-23-billion-in-may-up-by-168-in-3-months
It’s not nothing: At this pace, tariffs would raise receipts from corporate taxes by 39%, but would make only a dent into the huge US deficit.
By Wolf Richter for WOLF STREET.
Collections from customs and certain excise taxes spiked by $6.5 billion, or by 37.5%, in May from April, to…
This story appeared on wolfstreet.com, 2025-06-03 02:41:42.