US Tariff Revenue Hits Record $29.7 Billion in September

September marked the seventh straight monthly increase in US tariff collections, adding $22.4 billion year-over-year and pushing fiscal 2025 totals to a record $195 billion.

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Terms & Concepts
  • Tariff Revenue: Government income derived from taxes imposed on imported goods, often used as a trade policy tool.
  • Year-over-Year (YoY): A financial comparison of a statistic for one period with the same period from the previous year to assess growth or decline.
  • Fiscal Year (FY): A one-year period used by governments and businesses for accounting and budget purposes, which may not align with the calendar year.