New Trump tariffs collection hits $200 billion, Customs says
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The United States has collected more than $200 billion in tariffs this year as a result of new duties imposed by President Donald Trump since the beginning of 2025, the Customs and Border Protection agency said Monday.The tally comes as the Supreme Court considers arguments that the new tariffs are illegal. The $200 billion tally is only for the new tariffs, not for tariffs imposed during Trump's first term in the White House. Those earlier tariffs do not face legal challenges, as the new tariffs do.Trump earlier this year unilaterally imposed, without congressional authorization, what he calls reciprocal tariffs on imports from most of the world's nations. He also imposed "fentanyl tariffs" on products from Canada, China and Mexico, in retaliation for what he said was those countries' failure to stem the flow of that deadly narcotic into the United States."Between Jan. 20 and Dec. 15, 2025, U.S. Customs and Border Protection collected more than $200 billion in tariffs thanks to more than 40 executive orders put in place by President Donald Trump's Administration," CBP said, in a statement. "This figure underscores CBP's effectiveness in promoting secure, fair, and compliant trade, strengthening America's national and economic security."In November, tariff collections declined for the first time since Trump announced his broad new tariffs in April. The government collected $30.75 billion in tariffs last month, a slight drop from the $31.15 billion collected in October.The drop comes as freight shipments to the United States have slowed in the face of the tariffs and as Trump has lowered some of the duties."CBP's enforcement delivers results," said CBP Commissioner Rodney Scott, in a statement."By combining intelligence-led targeting, rigorous oversight, and swift action, we are safeguarding the U.S. economy, protecting American industries, and holding accountable those who seek to break our trade laws," Scott said.If the Supreme Court rules that Trump's new tariffs are illegal, it is possible the court could say that companies that have paid the duties so far are entitled to refunds.The U.S. Court of Appeals for the Federal Circuit, in a 7-4 ruling in August, upheld a decision by the Court of International Trade that found Trump did not have the power to impose the tariffs without the consent of Congress."The core Congressional power to impose taxes such as tariffs is vested exclusively in the legislative branch by the Constitution," the Federal Circuit said in its ruling. "Tariffs are a core Congressional power."In late November, the warehouse club retail giant Costco joined a group of other companies suing the Trump administration to obtain a full refund of the tariffs they have paid so far this year, and asked a court to block the duties from continuing to be collected as the Supreme Court case plays out.Got a confidential news tip? We want to hear from you.Sign up for free newsletters and get more CNBC delivered to your inboxGet this delivered to your inbox, and more info about our products and services.© 2025 Versant Media, LLC.
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