The U.S. tariff revenue has exceeded 100 billion for the first time in this fiscal year, with a month-on-month surge of 301%.

[U.S. Tariff Revenue Surpasses $100 Billion for the First Time This Fiscal Year, Monthly YoY Surge of 301%] The U.S. tariff revenue has exceeded $100 billion for the first time this fiscal year, reflecting the impact of the Trump administration’s tariff increases. The U.S. Treasury Department’s monthly budget report shows that tariff revenue in June reached $27 billion, a year-on-year increase of 301%; the total tariff revenue for this fiscal year so far has risen to $113 billion. In June, the total revenue of the U.S. federal government grew by about 13% year-on-year. In June, the federal government’s budget surplus was $27 billion, compared to a deficit of $71 billion in the same period last year. The cumulative deficit for the first nine months of this fiscal year reached $1.34 trillion. After adjusting for calendar differences, the deficit for this fiscal year so far has narrowed by 1% year-on-year. President Trump has imposed a series of new tariffs on various goods and trading partners, increasing federal tariff revenue. Trump aims to revive domestic manufacturing through tariffs and correct trade imbalances.