Kyodo News: US tariff revenue surges in June
Kyodo News, July 11 report: The US Treasury stated on Tuesday last week that tariff revenue soared to about $27 billion (approximately 4 trillion yen) in June, a threefold increase compared to about $7 billion in the same period last year, setting a new historical high. US Treasury Secretary Biden said that annualized tariff revenue is expected to "exceed $300 billion," and the significant increase in tariffs mainly stems from the high-tariff measures implemented by the Trump administration.
Original: https://www.toutiao.com/article/1837390318646282/
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