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Trump admin customs revenue tops $100 billion, boosted by tariffs

Trade,Tariffs,United States

From the Left

The U.S. has now collected more than $100 billion in customs revenue since President Trump took office, Axios has learned.

Why it matters: The vast majority of that is from tariffs, as Trump's trade policy begins to generate substantial income for the government.

Driving the news: Total customs revenue from actions taken since Jan. 20 β€” including tariffs, taxes and fees β€” hit $106.1 billion as of last Friday, according to Customs and Border Protection documents seen by Axios.

Most of that, $81.5 billion in total, is from tariffs imposed since Jan. 20.

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