US Treasury targets $500 billion cash cushion by end-July as 2025 tariff revenue nears $100 billion

The US has collected about $100 billion in tariffs so far in 2025 and could reach $300 billion by year-end, Treasury Secretary Scott Bessent said on Tuesday. The revenue reflects President Trump’s aggressive trade strategy and is contributing to efforts to rebuild the Treasury’s cash reserves.

from mint - news https://ift.tt/2Pm6BNI