Overview
- In a YouTube livestream featuring an animated President Trump, the White House said the U.S. has collected more than $235 billion in tariffs since January 20.
- U.S. Customs and Border Protection recently cited roughly $200 billion through December 15, while Treasury’s fiscal‑year reporting shows $195 billion for 2025, reflecting different time frames and accounting.
- The total falls short of Treasury Secretary Scott Bessent’s July goal of $300 billion by year‑end.
- The Supreme Court is reviewing the legal basis for the tariff program, and a loss could force repayments, though National Economic Council director Kevin Hassett said he expects the policy to be upheld and refunds to be unlikely.
- Economists and companies warn the receipts mask costs for U.S. consumers and firms, with reported pressures on prices and corporate margins and a noted drop in German auto exports to the U.S. this year.