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U.S. Tariff Revenue Falls 4% Month on Month to $27 Billion in February

U.S. Tariff Revenue Falls 4% Month on Month to $27 Billion in February

The source says February tariff revenue marked a fourth straight monthly decline from October’s $31 billion peak, though it remained 250% above levels seen before reciprocal tariffs were announced in April 2025.

Fact Check
The data points in the claim (February revenue of $27B, 4% MoM decline, October peak of $31B, and the April 2025 policy start date) are all corroborated by news reports and fiscal analyses from March 2026. The '250% above' figure is mathematically consistent with the jump from 2024 monthly averages (~$6.4B-$7.7B) to the current ~$27B level.
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Terms & Concepts
  • Month on month: A comparison of a metric with the previous month to track short-term changes.
  • Reciprocal tariffs: Import duties imposed in response to another country’s tariffs, typically as a trade policy countermeasure.