Overview
- President Trump posted on Truth Social that the U.S. has taken in or will soon receive more than $600 billion from tariffs and accused the media of ignoring the claim.
- U.S. Customs and Border Protection previously reported collections of more than $200 billion from duties imposed since early 2025, and other estimates place fiscal 2025 revenues near $142–$195 billion.
- The Supreme Court is expected to rule soon on whether the administration lawfully used emergency powers to impose wide-ranging tariffs.
- A federal appeals court in August upheld a decision that the president lacked authority to levy the tariffs without congressional consent.
- Analysts say a ruling against the tariffs could trigger tens of billions in refunds and lower the average effective U.S. tariff rate, while Trump has recently warned India of possible higher duties tied to its trade with Russia.