President Donald Trump's tariffs poured billions into U.S. coffers in July, setting yet another monthly record for customs duty collections. Treasury Department data released Tuesday shows $27.7 billion in duties came in last month — up from $26.6 billion in June and $22.2 billion in May, and more than triple the roughly $8 billion collected a year earlier. That puts the fiscal year-to-date total at about $135.7 billion, with two months still to go before the September 30 close.
Trump has been quick to tout the surge. In a Truth Social post Tuesday, he called the revenue "incredible for our Country, its Stock Market, its General Wealth, and just about everything else."
