The United States collected over $87 billion in tariff revenue during the first half of 2025, surpassing the $79 billion amassed throughout all of 2024, according to U.S. Treasury data compiled by AFP.
This increase comes as President Donald Trump continues to reshape America’s trade policies. Since his return to the White House, Trump has dismantled decades of post-World War II free trade policies, imposing tariffs on numerous trading partners and products, including steel. On Thursday, Trump praised the results of his trade strategy, claiming the tariffs are making the country “great & rich again.” He posted on his Truth Social platform:
“ONE YEAR AGO, AMERICA WAS A DEAD COUNTRY, NOW IT IS THE ‘HOTTEST’ COUNTRY ANYWHERE IN THE WORLD.”
New trade deals and tariff increases—including a 50% levy on copper imports—are set to take effect on August 1. Around 80 countries, including the 27 European Union member states, will face new tariff rates ranging from 11% to 50%.
While the U.S. has negotiated new trade agreements with several nations, the finalized tariffs are generally lower than the highest rates Trump initially proposed, though they remain significantly above previous levels.
June alone generated $26.6 billion in tariff revenue—nearly four times the amount collected in January—putting 2025 on track to be one of the most lucrative years for U.S. tariff collections. The record for highest annual tariff revenue was set in 2022 at $98 billion.
