BlockBeats news, on May 13, the latest data from the U.S. Treasury showed that the federal government had a budget surplus of $258 billion in April, the second-largest surplus on record, up 23% year-on-year. The surplus was mainly due to strong tax revenue during the tax season and record import tariff income. The total tariffs in April reached $16 billion, an increase of about $9 billion compared to the same period last year, far exceeding the historical record of $9.6 billion two years ago, contributing over $500 million per day to the U.S. Treasury. At the same time, interest payments on the debt exceeded $100 billion for the second consecutive month. Although the U.S. and China have reached an agreement to reduce tariffs by 115% within 90 days, the budget deficit for the first seven months of fiscal year 2025 has still reached $1.049 trillion, an increase of 23% year-on-year. (Jinshi)