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Benzinga
Benzinga
Business
Namrata Sen

Tariffs Propel US Customs Revenue To A Record $106 Billion Since Trump's Inauguration

Import,Trade,Tariffs,Increase,Concept,With,United,States,Of,America

The U.S. Customs and Border Protection (CBP) has collected more than $106 billion in customs revenue since Donald Trump assumed the presidency, with a significant portion attributed to the administration’s tariffs.

What Happened: The Department of Homeland Security (DHS) announced on Monday that the CBP has amassed $106.1 billion in customs revenue since Trump’s inauguration. A significant portion of this revenue—$81.5 billion—was generated by tariffs imposed during the Trump Administration.

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