Trump's tariff revenue has skyrocketed in just a few months, soaring past 2024 levels

President Donald Trump has long touted tariffs as a key source of government revenue, and within just a few months of their implementation, billions of dollars have already flowed into federal coffers.

The U.S. collected more than $29 billion in tariff revenues in July, the highest monthly total this year. According to the Treasury Department’s latest "Customs and Certain Excise Taxes" data, released on Aug. 19, total tariff revenues have reached $158.3 billion for the fiscal year. 

BESSENT SAYS TARIFF REVENUE COULD HELP PAY DOWN THE NATION'S $37.2T DEBT

The revelation comes on the heels of Trump’s sweeping tariffs on...