Record Tariff Revenue Boosts US Budget Surplus in April: Treasury

Receipts from U.S. levies are expected to slow after the latest trade developments.

Cargo set to be unloaded from ships off the Port of Long Beach, Calif., on Oct. 27, 2021. John Fredricks/The Epoch Times

Tariff revenues reached a record high in April and helped boost the federal budget surplus for the month, new Treasury Department data show.

According to the department’s Monthly Treasury Statement, the U.S. government registered a $258 billion budget surplus last month, a 23 percent increase from the same month a year ago.