July tariff revenues break monthly record, with $150B collected so far in 2025
1. Tariff revenues reached $150 billion in 2025, record high. 2. July customs duties hit $28 billion, highest monthly total this year. 3. Economists warn higher tariffs could lead to increased consumer prices. 4. Trump's administration predicts over $300 billion from tariffs. 5. Recent trade deals were struck with the EU and Japan.