“The U.S. federal government collected almost $363 billion in tariff duties between January 2025 and April 2026.”

Official data from the U.S. Department of the Treasury and the Bureau of Economic Analysis indicates that while customs duty collections increased significantly in 2025 due to new tariff policies, the figure of $363 billion for the period of January 2025 through April 2026 is inaccurate. According to the Bureau of Economic Analysis, total customs duties for the 2025 calendar year were approximately $265 billion. In 2026, the revenue landscape changed drastically; the Supreme Court struck down certain IEEPA-based tariffs, leading to massive court-ordered refunds. Tax Foundation reports indicate that in May and June 2026 alone, refunds exceeded collections, resulting in negative net revenue for those months. USAFacts reports that total customs duties revenue for FY 2025 was $194.9 billion, and for FY 2026 (through August), it was $167 billion. The claim likely conflates gross collection projections or annualized estimates with actual net receipts, failing to account for the significant impact of the 2026 Supreme Court-mandated refunds.