Back-to-back highs: August and September bring in $62.6B in tariff revenue

The U.S. government collected $31.3 billion in tariff revenue in September, highlighting the scale of President Donald Trump's tariffs as a steady source of federal income.That total was $73 million below the August record, bringing cumulative collections for 2025 to $214.9 billion, according to Treasury Department data released Sept. 29.BESSENT DEFENDS TRUMP'S TARIFFS AGAINST CLAIMS THEY HARM US BUSINESSESTariff revenues rose steadily from $17.4 billion in April to $23.9 billion in May, before climbing to $28 billion in June and reaching $29 billion in July. It’s important to remember where t