The U.S. collected over $29 billion in tariffs in July—the highest monthly total this year—bringing 2025’s total to more than $152 billion, per Treasury data.
Revenues have climbed steadily from $17.4B in April to $28B in June.
As President Trump nears a major shift in global tariff rates set for Aug. 7, the White House says the delay from the original Aug. 1 date gives U.S. Customs time to prepare. In the lead-up, Trump announced trade deals with key partners like Japan, the EU, and South Korea—part of a broader reset that now includes 11 of the top 15 U.S. trading partners.
Trump officials, including Treasury Secretary Scott Bessent, say tariffs could bring in over $300 billion.
