US Tariff Revenue Falls For First Time Since Trump's Import Taxes In April— Massive $38 Trillion Debt Reduction Plan At Risk?

Tariff revenue declined month-over-month for the first time since President Donald Trump imposed import taxes in April, according to Treasury Department data released on Wednesday. The government collected $30.75 billion in customs duties in November, down from $31.35 billion in October.Revenue Peaks Then FallsTariff collections rose to $15.6 billion in April after Trump's “Liberation Day” taxes and kept increasing each month through October.The November decline comes after the administration rolled back ta ...