The US just recorded a June surplus, the first June surplus since 2017, and it was all thanks to President Trump’s new tariff policy.

Here’s more according to PM:

In June, the US government saw a surplus as tariff collections under Donald Trump’s presidency increased.

June saw a surplus of just over $27 billion, a difference from May, which saw a $316 billion deficit. The fiscal year-to-date deficit after June is $1.34 trillion, which is up five percent from 2024, however, when calendar adjustments are taken into consideration, the deficit has decreased slightly by one percent, per the National News Desk.

Leading to the surplus are tariff collections, which have reached $113 billion, up 86 percent from 2024, as well as customs duties, which brought in $27 billion in June. This is up from $23 billion seen in May, and up by 301 percent from June 2024. Per Investopedia, the spending decreased by $187 in June.

Receipts, or money collected by the government, increased by 13 percent in June, while outlays, or spending, decreased by seven percent. For the 2025 fiscal year, which ends on September 30, receipts are up seven percent, and spending is up six percent.

The last time a June surplus was seen by the US government was under Trump’s first term in June of 2017.

This is something you don’t see every day, and it proves that Trump has us moving in the right direction. Let’s hope this continues, even with the mammoth budget bill that just passed.