【U.S. April Tariff Revenue Soars 130% Year-on-Year to $16 Billion】Golden Finance reports that data from the U.S. Treasury shows that tariff revenue in April reached $16 billion, a surge of $9 billion compared to the same period last year, an increase of 130%. According to data compiled by Bloomberg, this marks the highest monthly tariff revenue record in at least a decade. The surge in tariff revenue helps to curb the further widening of the U.S. budget deficit. However, U.S. President Trump is seeking trade agreements with specific countries, which may lead to a reduction in future tariff revenue. In the first seven months of this fiscal year, the U.S. federal government recorded a deficit of $1.05 trillion, which, after calendar year adjustments, widened by 13% compared to the same period last year. Treasury officials stated that excluding the deferred tax payments that inflated 2024 fiscal year revenue, the actual increase in the 2025 fiscal year deficit is 4%. Besides tariffs, another revenue category that has seen growth this fiscal year is the consumption tax, which has increased by $10 billion over the past seven months. Treasury officials noted that this is mainly due to the newly imposed stock buyback tax.
