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Donald Trump’s tariff strategy is working.
The United States government had a surprise budget surplus in June.
The federal government posted an unexpected budget surplus in June, fueled by a sharp rise in tariff revenues and higher-than-anticipated tax receipts, marking a notable vindication for President Donald Trump’s economic strategy.
The $27 billion surplus reported Friday by the Treasury Department stood in stark contrast to forecasts for a $50 billion deficit, representing one of the largest upside surprises in recent budget data.
Monthly surpluses typically occur in April, when many Americans file their taxes. Surpluses are also common in January and September. A June surplus is highly unusual.
Much of the improvement stemmed from a 301 percent increase in tariff collections compared to June of last year. Customs duties totaled $27 billion in June, up from $23 billion in May and more than quadruple the $6.7 billion collected a year earlier. For the fiscal year to date, tariff revenues have reached $113 billion, an 86% increase over the same period in 2024.
U.S. Treasury Secretary Scott Bessent celebrated the news, saying, “Our nation is reaping the rewards from @POTUS’s America First agenda.”
Another promise made. Another promise kept.
Our nation is reaping the rewards from @POTUS’s America First agenda.
As President Trump works hard to take back our nation’s economic sovereignty, today’s Monthly Treasury Statement is demonstrating record customs duties – and with… https://t.co/LN4HI66jJg
— Treasury Secretary Scott Bessent (@SecScottBessent) July 11, 2025
U.S. Treasury Secretary Scott Bessent said on X that the results show the U.S. “reaping the rewards” from Trump’s tariff agenda.
“As President Trump works hard to take back our nation’s economic sovereignty, today’s Monthly Treasury Statement is demonstrating record customs duties – and with no inflation!” Bessent said.
Make America Great Again!