In a statement made on Tuesday, U.S. Treasury Secretary Scott Bicent revealed that the United States has collected nearly $100 billion in revenue from customs duties since the beginning of the year, with expectations that this figure will exceed $300 billion by the end of 2025.
Bicent explained during a ministerial meeting that the imposition of major customs duties actually began in the second quarter of this year, indicating the possibility of accelerated revenue collection in the second half.