US tariff revenue dropped by over $4 billion in March. It's down almost 30% since October.
Tariff revenue totaling $22.15 billion came into US coffers in March, yet another monthly decline after President Trump backtracked on some duties and the US Supreme Court struck down others as illegal.
The new figures from the Treasury Department's monthly statement showed a notable downward tick from the $26.59 billion collected in February.
The reading is the fifth consecutive monthly decline and marks a nearly 30% drop from last October, when monthly tariff revenue peaked at $31.35 billion.
Friday’s release also showed that the US ran a budget deficit of $1.169 trillion between October and March — the first six months of the fiscal year.
https://finance.yahoo.com/economy/policy/article/us-tariff-revenue-dropped-by-over-4-billion-in-march-its-down-almost-30-since-october-190535076.html