The income from US tariffs reached a record of 12,000 million dollars on April 22; To date, they have increased by 130% compared to the levels of 2024. At this rhythm, the increase in tariff revenue will probably total a little less than 0.4% of GDP for a full year. If tariffs remain at the current levels, income can increase a bit, but there are risks on both sides, Standard Chartered economists point out.
The background is a full third
“The US collected record customs tariffs of $ 15,000 million during the first 16 business days of April (until April 22), according to data from the Treasury Department; this is more than twice the income collected during the same period last year. Only on April 22, the treasure raised 11.7 billion dollars. Based on this, we estimate that the additional income of the tariffs implemented so far is Annualized rate just below 0.4% of GDP.
“In addition, there is a risk of a remarkable increase – and possibly persistent – in inflation, without generating enough income to finance tax cuts and a more flat deficit path. This is the first look we have had to the impact of the announcement of tariffs on April 2. Until now, the data suggests a greater revenue collection, but that the increase is not a radical change for the financing of the government.”
“The treasure publishes its income from customs and tariffs daily. The 16th business day of the month (April 22 both in 2024 and 2025) typically sees most of the income collection. Whether we look averages of 5 days, 10 days or to date, the collection of income seems to be operating at 2.0-2.4 times the rhythm of 2024. US In tariffs in 2024, so even if we use the upper end of the 100-140% increase range, it could raise approximately 140,000 million dollars more this year.
Source: Fx Street

I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.