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US Tariff Revenue Soars 1.3x YoY to Record High in Apr
The global trade war sparked by US President Donald Trump lifted US tariff revenue by 1.3 times YoY to a record high of US$16.3 billion in April, which also marked a spike of 86% f...
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The global trade war sparked by US President Donald Trump lifted US tariff revenue by 1.3 times YoY to a record high of US$16.3 billion in April, which also marked a spike of 86% from March's US$8.75 billion.

In YTD terms, total US tariff revenue has reached US$63.3 billion, marking a YoY growth of more than 18%. This has reduced the fiscal deficit so far for the current fiscal year to US$1.05 trillion, though it still remained 13% higher than last year.

Related NewsEIA Crude Oil Stocks Change for May/02 in United States is -2.032M, higher than the previous value of -2.696M. The forecast was -1.7M.

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