U.S. Customs Tariff Revenue Surges by 270% in May – Coincu

The U.S. Treasury Department reported a record $23 billion in customs tariff revenue for May, a 270% increase from the previous year. The surge follows new tariffs implemented in early April.

Heightened tariff revenue reflects recent policy actions, yet covers only 3% of May’s total government expenditure.

U.S. Customs Tariff Revenue Hits Record $23 Billion in May

U.S. customs tariff revenue in May achieved $23 billion, marking a significant rise due to new tariffs implemented in April. This revenue increase reflects policy measures initiated during the Trump administration. According to data from the U.S. Treasury’s Monthly Budget Statement, the May figure is more than three times the average monthly level for 2024.

Although tariff revenues increased considerably, they represented a mere 3% of total government spending, which reached $687.2 billion in May 2025. Despite the increased revenue, spending outpaced income, indicating continued fiscal challenges. Government expenses include $92.2 billion in interest payments for May, highlighting broader financial concerns.

“The record-breaking customs revenue is specifically attributed to new tariffs that came into effect in early April 2025.” — U.S. Treasury Department

Analysis of Fiscal Challenges Amid Revenue Surge

Did you know? Tariff spikes like those seen in May echo past trends, such as the Trump administration’s 2018-2019 tariffs, which also led to short-term revenue boosts without significant long-term deficit reduction.

Ethereum (ETH) prices were recorded at $2,760.66 with a market cap of $333.27 billion, making up 9.78% of the total market cap, based on data from CoinMarketCap. Over the past 24 hours, ETH’s trading volume decreased by 14.95%, while its price dipped by 0.67%. Throughout the past 60 days, ETH managed a notable 69.75% rise.

Based on Coincu research analysis, the fiscal challenges suggest increased interest in alternative stores of value, including cryptocurrencies, amid broader macroeconomic shifts. Such interest is often driven by fiscal uncertainties and global market dynamics, potentially influencing investor behavior.