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Tariffs Help US Government Post Unexpected Jun. Surplus

Treasury posts unexpected surplus in June as tariff receipts surge
The U.S. government posted a surplus in June as tariff receipts gave an extra bump to a sharp increase in receipts, the Treasury Department said Friday
Tariffs Help US Government Post Unexpected June Surplus
The U.S. government ran a $27 billion budget surplus in June, fueled in part by record tariff revenue, according to
US posts $27 billion budget surplus in June, the first June surplus since 2017
America just booked a $27 billion budget surplus in June, a rare sight not seen since 2017, according to the Treasury Department’s Friday report. After bleeding $316 billion in red ink the month before,
Trump tariffs bring in $27 billion surplus in month of June
Government revenue exceeded government spending in the month of June due to increased revenue from tariffs, according to the Department of the Treasury.
U.S. Posts First Monthly Budget Surplus Since 2017 Amid Tariff Windfall
Just a week after President Donald Trump signed the Big Beautiful Bill into law, the U.S. Treasury surprised markets with a rare budget surplus for June 2025. The federal government reported a $27 billion surplusthe
U.S. budget balance unexpectedly flips to surplus in June
The U.S. federal government earned $27.0B more than it earned in June, compared with the -$41.5B deficit expected and the prior month's -$316.0B shortfall, according to the Treasury Department's monthly statement released on Friday.
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US budget deficit widens but customs receipts surge on tariffs
The US government saw its budget deficit widen from the prior year in the October to June period as spending rose. On the ...
Customs duties surge under Trump, yet US deficit grows by $64 billion
The Treasury Department reported on Friday that the budget shortfall increased by $64 billion to $1.3 trillion in the first ...
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US customs duties top $100 billion for first time in a fiscal year
US customs duty collections surged again in June as President Donald Trump's tariffs gained steam, topping $100 billion for ...
Tariff Impact: Trump’s Customs Duties Smash $100 Billion Record, Shake Up US Budget
For the first nine months of fiscal 2025, U.S. customs duty collections reached $113.3 billion on a gross basis and $108 billion net, nearly double the prior year’s take.
Trump’s Tax Bill Will Add Trillions to the US Debt. Does It Matter?
The federal budget deficit is back in the spotlight after the Republican-controlled Congress approved a massive tax and ...
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‘Big Short’ Investor Steve Eisman Says US Budget Deficit ‘Nothing To Talk About’ Due to Insatiable Demand for Treasuries
One of the investors who called and profited off the subprime mortgage collapse of 2008, Steve Eisman, is brushing off ...
Larry Summers slams Trump's Big Beautiful Bill for its impact on the US debt and deficit
Larry Summers said the bill likely would not make the economy stronger, and flagged concerned over the amount it would add to ...
US customs duties reach record $27 billion in June, spurring small surplus
WASHINGTON (Reuters) -U.S. gross customs duties revenue grew to a record $27.2 billion in June as collections from President ...
Why some economists say the deficit increase in Trump’s bill is dangerous
The CBO says it would add $3.4 trillion to the deficit over the next decade. For decades, fiscal hawks have warned about the ...
US customs duties top $100 billion for first year
US tariffs have helped produce a surprise $US27 billion budget surplus for June, a turnaround from a $71 billion deficit for ...
America's deficit reckoning: The consequences of a steady budget deficit
CNBC's Leslie Picker reports on news regarding the American budget deficit. Trump Promised ‘No Tax on Tips.’ Then Came the ...