US tariffs bring in $87bn in H1 | Electronics Weekly

$17.7 billion came from 10% flat-rate tariffs and $10.7 billion from sector-specific tariffs on automobiles.

New tariffs taking  effect on August 1st will boost the figures.

Tariffs will bring in $2.8 trillion for the US between 2025 and 2035 – representing about 4% of US government revenues for 2026-35, estmates the U.S. Congressional Budget Office (CBO).

For the 2026-35 period, the CBO estimates US government non-tariff revenues at $36.8 trillion for income tax, $22 trillion for payroll tax and $4.7 trillion for corporate tax.

The scale of  tariff revenues makes it unlikely that tariffs will be abolished or reduced by future governments.