Trump’s Tariff Strategy is Breaking Records as Trade Deal Focus Turns to China [WATCH]

Tariff revenues under President Donald Trump have reached a record $150 billion so far in 2025, according to new data released by the U.S. Treasury Department.

The increase in customs collections comes as the President approaches the final stretch of a series of global trade negotiations.

🚨RECORD-BREAKING: $150,000,000,000 in tariff revenue collected in 2025, and it’s only July.

President Trump’s America First trade agenda is working.

Foreign nations are FINALLY paying the price after decades of ripping off American jobs and industries. pic.twitter.com/wnu858X5zM

— Rep. Mary Miller (@RepMaryMiller) July 29, 2025

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According to the Treasury Department’s “Customs and Certain Excise Taxes” data, the U.S. collected nearly $28 billion in customs duties in July alone, making it the highest monthly total so far this year.

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The July figure, based on data through July 25, already surpasses the previous monthly high of $27 billion collected in June.

Tariff revenue began the year at $7.9 billion in January and more than doubled to $16.3 billion by April.

The cumulative total has now reached $150 billion as the administration presses forward with its international trade strategy.

The record-setting revenue figures come as President Trump finalizes major trade agreements with key partners.

On Sunday, the administration announced a trade deal with the European Union, the United States’ largest trading partner.

🚨 BREAKING: President Trump hits MAJOR HOME RUN with a massive European Union trade deal while in Scotland…victory. ‘ZERO TARIFF.’ Experts lose again.

“The EU is going to purchase from the US $750 BILLION worth of energy…Agree to invest $600 billion. Agree to open up their… pic.twitter.com/OuRfm4EZNV

— Eric Daugherty (@EricLDaugh) July 27, 2025

That agreement followed a separate deal reached days earlier with Japan.

Treasury Secretary Scott Bessent has indicated that the administration projects tariffs could bring in more than $300 billion in revenue for the federal government over time.

“The revenue potential from these tariffs is substantial,” Bessent said earlier this year.

He noted that tariffs serve both economic and strategic purposes as part of the President’s broader trade policy.

While tariff revenues are collected by the federal government, U.S. businesses are the ones who directly pay the customs duties when importing goods.

In some cases, those costs may be absorbed by the companies, while in other cases they could be passed on to consumers through higher prices on imported goods.

The Trump administration has maintained that tariffs are a necessary tool to level the playing field in trade relationships and to protect American manufacturing and jobs.

Administration officials have argued that the increase in customs revenue demonstrates the effectiveness of the current trade approach.

With the end of the global trade deadline approaching, officials involved in negotiations are working to finalize outstanding issues with several countries.

The administration is expected to release additional details on its broader trade framework in the coming days.

President Trump has framed the trade talks as a central component of his economic agenda, emphasizing fair trade and reciprocal agreements.

The agreements with the European Union and Japan are expected to serve as benchmarks for future deals with other nations.

The Treasury Department will release the final July revenue figures in its next full monthly report, which is scheduled for early August.

For now, the available data indicate continued momentum in tariff collections as the administration presses ahead with its trade policy objectives.