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US tariff revenue reached $264 billion in 2025, up sharply from the prior year and marking a 234% increase compared with 2024. The jump amounted to roughly $185 billion in additional collections within a single year, according to government figures cited across the data.
By midyear, Cumulative tariff revenue had already exceeded what the US collected during all of 2024, a shift that became more pronounced as the year progressed. December added $28 billion on its own. That figure stood about 300% above the same month a year earlier and roughly $21 billion higher year on year.
In October and November, strong inflows had already appeared, with monthly collections in each period being about $31 billion. When combined, the last six months of 2025 approximately $30 billion per month, which was significantly higher than the steadier and slower pace throughout 2024.
The acceleration started after Donald Trump returned to office in 2024 and quickly focused on trade policy. Using the International Emergency Economic Powers Act, new tariffs targeted imports from China, Canada, Mexico, and the European Union.
That was followed by the use of Section 232 authorities, which extended duties across a wide range of goods. Those categories included cars, trucks, steel, aluminum, semiconductors, lumber, copper, furniture, and pharmaceuticals.
As the measures took effect, the average applied tariff rate across all US imports rose to 15.8%. The effective rate, which reflects changes in purchasing behavior, reached 11.2%. Both levels stand as the highest recorded since World War II.
By GDP share, the tariffs also represent the largest federal tax increase since 1993, reaching 0.47% in 2025. On paper, the framework is projected to generate $2.2 trillion over the next decade. Once broader economic effects are included, that figure declines materially.
As a result of the tariff hike, households faced higher costs. The average tax per household that went up in 2025 was $1,100. Under the current regulations, this amount is expected to reach $1,500 in 2026.
If judges subsequently disallow the emergency authorities that were utilized to impose the tariffs, the rise might only amount to $300 for 2025 and $400 for 2026.
Even under that scenario, households would still face higher costs. The Tax Foundation estimates that economic damage reduces total ten-year tariff revenue to $1.7 trillion. Under its breakdown, Section 232 tariffs generate $608 billion before losses but fall to $453 billion after accounting for economic effects. IEEPA tariffs drop from $1.5 trillion on paper to $1.2 trillion after similar adjustments.
Foreign retaliation further lowers revenue expectations. Counter-tariffs introduced on September 1, 2025, are projected to cut another $146 billion over ten years. In 2026, after-tax income is expected to fall by 0.3% under Section 232 tariffs and by 0.9% under IEEPA tariffs.
Lower-income households bear a larger share of that impact. All of the projections now hinge on a pending Supreme Court of the United States ruling on whether the IEEPA tariffs were imposed legally.
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US tariff revenue surged to $264 billion in 2025 after expanded trade duties drove faster monthly collections and higher import costs. New tariffs lifted federal revenue but raised household tax burdens. With retaliation underway, future revenue now depends on import behavior and a pending Supreme Court decision.
