Tariff receipts topped $16 billion in April, a record that helped cut the budget deficit

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Tariff receipts topped $16 billion in April, a record that helped cut the budget deficit

cnbc.com/2025/05/12/tariff-receipts-topped-16-billion-in-april-a-record-that-helped-cut-the-budget-deficit.html

Receipts from U.S. tariffs hit a record level in April as revenue from President Donald Trump's trade war started kicking in.
Customs duties totaled $16.3 billion for the month, some 86% above the $8.75 billion collected during March and more than double the $7.1 billion a year ago, the…

This story appeared on cnbc.com, 2025-05-12 19:07:45.