U.S. Customs and Border Protection (CBP) has reported collecting over $500 million in tariff revenues since April 5, 2025, under President Trump’s latest trade measures. This figure significantly contrasts with President Trump’s assertion that the U.S. is generating $2 billion per day from tariffs.
Key Points:
- CBP’s Revenue Report: CBP stated that, despite a 10-hour system glitch affecting freight already en route, the average daily revenue remained at $250 million.
- Discrepancy with Presidential Claims: President Trump has repeatedly claimed that the U.S. is collecting $2 billion per day from tariffs, a figure not supported by CBP’s data.
- Treasury Department Data: The latest Treasury Department report indicates daily customs and excise tax deposits of $305 million, further highlighting the gap between official statements and actual revenue.
- Tariff Implementation: The new tariffs, part of Trump’s “Liberation Day” economic agenda, include 25% duties on Mexico and Canada and a 10% duty on China. While most tariffs have been temporarily paused for 90 days to allow for trade negotiations, specific duties, particularly on Chinese goods, have been increased to 145%.
The discrepancy between reported and claimed tariff revenues raises questions about the accuracy of official statements and the economic impact of current trade policies.
For further details, refer to the original articles from The Guardian and Business Insider.
