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Trump's Tariff Revenue Claims Contradicted by Official Data

Customs and Treasury figures show daily tariff revenue far below the $2 billion per day claimed by President Trump, with most tariffs now paused for 90 days except for China.

Hamburg Port in Germany on April 15, 2025.
Image
Cargo ships at Qingdao Port in Shandong province, China, on April 15, 2025.

Overview

  • U.S. Customs and Border Protection (CBP) reports $500 million collected since April 5 under new tariffs, averaging $250 million per day, far less than the $2 billion per day claimed by President Trump.
  • The Treasury Department's daily deposit data aligns with CBP, showing approximately $305 million per day in tariff-related revenue.
  • Most of the newly imposed tariffs have been paused for 90 days, with China excluded from the suspension and facing significantly higher rates.
  • A 10-hour CBP system glitch temporarily disrupted exemption processing but did not impact the agency's average daily revenue collection.
  • Sector-specific tariffs on automotive imports remain in effect, and new pharmaceutical trade measures are reportedly under development.