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Jun 1, 2025  |  
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Ross O'Keefe


NextImg:CBP report of tariff revenue is a small fraction of Trump estimate - Washington Examiner

U.S. Customs and Border Protection reported the United States’s tariff revenue on Wednesday, coming in short of President Donald Trump’s $2 billion per day estimate.

The agency told the Washington Examiner it has collected $21 billion in tariff-related revenue since Trump took office, including $500 million from the so-called reciprocal tariffs that took effect April 5.

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Since Trump’s inauguration, CBP has earned around $250 million per day in total tariff revenue, just over a 10th of the president’s estimate.

“We’re taking in almost $2 billion a day in tariffs, $2 billion a day, and we’re doing very well,” Trump said during an April 8 executive order signing. “And we’re doing very well in making, I call them tailored deals.”

The agency said it collected $88 billion in tariff revenue in 2024. CBP is currently on pace to beat that number in 2025 if Trump keeps up his expansive tariffs. The president imposed tariffs on numerous countries in early April before lowering most and hiking rates on China.

A customs glitch that lasted for 10 hours last week prevented importers from inputting a code that would’ve prevented freight already on the water from being subject to higher duties.

“Even during the brief glitch, CBP’s average $250 million/day revenue stream remained uninterrupted,” CBP said in a statement to CNBC.

Trump said on Wednesday that the government is negotiating tariffs with Japan.

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“Hopefully something can be worked out which is good (GREAT!) for Japan and the USA!” Trump wrote in a social media post.

The White House did not respond to a request for comment.