Hot word :

Home>News Services>Reuters

Reuters

US Deficit Grows to $291 Billion in July despite Tariff Revenue Surge

2025-05-02T153945Z_1770708417_RC21RDA7S3IX_RTRMADP_3_USA-TRUMP-BUDGET

Return to article

Reuters

11:31 JST, August 13, 2025

Aug 12 (Reuters) – The U.S. government’s budget deficit grew nearly 20% in July to $291 billion despite a nearly $21 billion jump in customs duty collections from President Donald Trump’s tariffs, with outlays growing faster than receipts, the Treasury Department said on Tuesday.

Add TheJapanNews to your Google News feed.

New contents

JN ACCESS RANKING