The US First-Half Tariff Revenue Soars to $872 Billion
BlockBeats News, July 18th, U.S. government data shows that in the first half of this year, U.S. tariff revenue soared to $87.2 billion. Since the Trump administration implemented the so-called retaliatory tariffs in April this year, tariff revenue has rapidly increased. In June alone, tariff revenue reached $26.6 billion, four times the usual level. According to analysis by the U.S. Customs and Border Protection, as of the end of June, the 10% ad valorem tariffs have brought in over $17.7 billion in revenue, while specific tariffs on the automotive industry have also contributed over $10.7 billion.
Estimates from the Yale University Budget Lab show that as of Sunday, the overall average effective tariff rate in the U.S. has reached 20.6%, the highest level since 1910. At the same time, the proportion of tariffs in the total U.S. import value is also rapidly increasing. The new round of retaliatory tariffs set to take effect on August 1st is expected to further push this number up. (FX168)
You may also like

A Perspective on the Indian Cryptocurrency Market: Descending into Silence or Moving Towards Maturity?

Morning News | Bitmine issues preferred shares to raise $300 million; Polymarket accuses Kalshi of industrial espionage

Privacy coin trust crisis! ZEC plummets over 56% in a single day

Who is leading the price discovery in the cryptocurrency market? Measured delays on platforms like Binance and Hyperliquid

Anthropic launches IPO: Business miracle or valuation bubble?

What Is SpaceX IPO and Why Is Everyone Talking About It?

Macroeconomic Analysis of the African Payment Market Landscape

Morning Report | Coinbase Ventures makes its first investment in ENA; SpaceX plans to set the IPO price at $135 per share

Full text and analysis of the speech by the CEO of SanDisk at the 42nd Annual Strategic Decision Conference of Bernstein

Bitcoin Price Prediction 2030: Ark Invest Forecasts $710K

WEEX Review 2026: Fees, Security and Trading Features

SOL Price Today: Live Solana Price, Charts & Market Data

What Is a Bitcoin ETF: Spot vs Futures Explained

Why Is Bitcoin Dropping 15% While Nasdaq Hits Record Highs?

Morning Report | Robinhood completes acquisition of WonderFi for $180 million; Anthropic submits IPO draft application to SEC confidentially; Google plans to raise $80 billion in financing

Why do I still have confidence in ETH?

CRCL surges and plummets, COIN follows with a dive: The real battle for interests behind the CLARITY Act

