U.S. Is Cashing in on Tariffs

The Treasury Department brought in a record $5.6 billion in tariff revenue in October.

By Alex Tanzi | November 13, 2018 at 03:52 PM

The jump in monthly tariff revenue in recent months has more than offset declining transfer payments from the Federal Reserve system, according to U.S. Treasury data.

The Treasury brought in a record $5.551 billion in tariff revenue in October while deposits of earnings from the Federal Reserve fell to $4.541 billion. Last October, customs duties receipts were $3.239 billion.

From: Bloomberg

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2 Understanding the Cost of Hedging

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4 A New Payment Risk: Tariffs and Supply-Chain Madness

5 Tariffs Will Likely Hurt the U.S. Economy. The Immigration Crackdown Will Make It Worse.

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