US could collect $300 billion in tariff revenue this year, Treasury chief says

  • Posted on July 8, 2025
  • By Bing News
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US could collect $300 billion in tariff revenue this year, Treasury chief says

By Andrea Shalal and David Lawder WASHINGTON (Reuters) -Treasury Secretary Scott Bessent on Tuesday said the U.S. has taken in about $100 billion in tariff income so far this year, and this could grow to $300 billion by the end of 2025 as collections accelerate from President Donald Trump's trade campaign. Bessent, speaking to a White House cabinet meeting, said the major collections from
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