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Treasury Announces $27 Billion June Surplus from Tariff Revenue Surge


The Department of the Treasury on Friday announced that the government had posted a

surplus for June due to an influx in tariff revenue. The Treasury’s monthly statement revealed that the government had posted $499 billion in outlets during June while bringing in $526 billion in revenue. The $27 billion surplus was also the exact value of receipts from “customs duties.” Since the beginning of the year, moreover, the U.S. has brought in $108 billion in customs duties. That figure is sure to prove a boon to Trump’s fiscal approval.

 
 
 

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