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Trump‘s tariff revenue tracker: How much is the US collecting? Which imports are hit?
PIIE
2025.12.03
President Donald Trump’s tariffs are raising government revenues, but how much is the US Treasury actually collecting from US importers after the starts, stops, delays, exclusions, and other factors? And what products and countries are hit? This monthly tracker measures tariff revenues in practice over time.

Tariffs are taxes collected by the US government from US businesses when they import goods. The tariff revenues are expressed as a percentage of monthly total import values that US businesses pay (monthly tariff revenue divided by monthly import value, by category or country), including shipping and insurance. These percentages are generally lower than press reports of headline tariff rates because the headline rates do not take exemptions or delays into account. For example, in August 2025, Trump exempted aircraft from the general 15 percent tariff on imports from the European Union agreed at that time.