America's customs revenue has exceeded $100 billion since President Donald Trump returned to the White House, according to Axios.
Of that figure, the vast majority is from tariffs, the outlet reported, as the president's trade strategy begins to pay off in a big way for the federal government.
According to Customs and Border Protection documents viewed by Axios, since Jan. 20, the total customs revenue generated from actions such as tariffs, taxes, and fees climbed to $106.1 billion as of Friday.
More than two-thirds of that, or $85.1 billion, is from tariffs that Trump has imposed on foreign countries looking to do business in America.
For the current fiscal year through the end of May, Treasury data shows that collections are up 65% from the year prior during the same period.
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