“A billion dollars a day.” US customs duties revenues rise 300%

The US government’s deficit decreased during the month of January compared to the same month last year, as the increase in customs duty revenues contributed to relieving some of the financial burdens on the federal government.

Revenues amounted to US customs duties $30 billion during the month of January (at a rate of $1 billion per day), bringing total revenues since the beginning of the fiscal year to $124 billion, an increase of 304% over the same period in 2025.

In April 2025, President Donald Trump had announced the imposition of unified customs duties on all goods and services imported into the United States, in addition to a set of reciprocal customs duties on specific countries.
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In January (the fourth month of the fiscal year), the deficit reached about $95 billion, a decrease of approximately 26% from the same period last year, according to a report Department of the Treasury.

Since the beginning of the year until now, the federal deficit has reached $697 billion, a decrease of 17% from the same period in fiscal year 2025.

Meanwhile, the Interest on US debt of $38.6 trillion is a burden on public finances, with net interest paid at $76 billion during the month, exceeding all other expenditures except for the Medicare program for the elderly. Total interest since the beginning of the year amounted to $426.5 billion, an increase from $392.2 billion in the previous year.

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