‘Substantial Jump’: U.S. Tariff Revenue Could Be Well Over $500 Billion A Year

Source: Daily Wire | Published: August 26, 2025, 5:06 pm | Read Original

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‘Substantial Jump’: U.S. Tariff Revenue Could Be Well Over $500 Billion A Year

U.S. Treasury Secretary Scott Bessent said on Tuesday that customs duty revenues from President Donald Trump’s tariffs may top $500 billion a year, with a substantial jump from July to August and likely a bigger jump in September. Bessent told a White House Cabinet meeting that his prior estimate of a $300 billion annual tariff ...

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