The United States recorded the highest tariff revenue in history last month.

Donald Trump, the President of the United States. /Courtesy of Yonhap News

According to Reuters on the 11th (local time), the U.S. Department of the Treasury reported that tariff revenue for June totaled $27.2 billion (about 37.5 trillion won), approximately four times higher than the same period last year.

As tariff revenue surged, the total revenue of the U.S. federal government for June recorded $526 billion (725.6 trillion won), an increase of 13% compared to last year. This is the highest on a monthly basis. In contrast, expenditures decreased by 7% to $499 billion (688.7 trillion won), resulting in a monthly budget surplus of $2.7 billion (about 37.2 trillion won) for the U.S.

Scott Bessent, the Secretary of the Treasury, noted on X (formerly Twitter) that "while President Donald Trump was working hard to reclaim America's economic sovereignty, tariff revenue hit a record high," praising Trump’s tariff policy achievements.

The U.S. Treasury added that considering changes in welfare initiatives, the actual deficit would have been around $70 billion (96.6 trillion won). The share of tariffs in the federal government's revenue has more than doubled to approximately 5% within about four months, solidifying tariffs as a major source of revenue for the federal government.

Earlier, starting from October 1 of last year in the 2025 fiscal year, the U.S. recorded a total of $11.33 billion (156.3 trillion won) in tariff revenue over nine months, setting an all-time high. Following this, President Trump announced that higher tariffs based on reciprocity will be imposed starting August 1.

※ This article has been translated by AI. Share your feedback here.