Fact Check: "Tariff collections surged 59% compared to last year"
What We Know
The claim that "tariff collections surged 59% compared to last year" requires careful examination in light of available data. According to a report by The Budget Lab at Yale, all tariffs enacted in 2025 are projected to raise approximately $2.4 trillion over the period from 2026 to 2035, with a significant portion of this revenue attributed to recent tariff increases (source-2). As of June 23, 2025, the U.S. had generated $95.6 billion from tariffs, which was reported to be 134.9% more than the same time the previous year (source-5).
However, it is important to note that the specific percentage increase of 59% mentioned in the claim may not directly correlate with the overall tariff revenue figures reported. The increase in collections could be influenced by various factors, including the timing of tariff implementations and the overall economic context.
Analysis
The claim of a 59% surge in tariff collections seems to be based on the broader context of rising tariff revenues. The reported 134.9% increase in tariff collections as of June 23, 2025, suggests a significant rise, but it is unclear if this figure directly supports the 59% claim without additional context regarding the specific time frame being referenced (source-5).
The source of the claim appears to lack specificity about the time frame for the 59% increase, which makes it difficult to validate. The Budget Lab's analysis indicates that the effective average tariff rate has risen to 15.6%, the highest since 1937, which could contribute to increased revenue (source-2). However, without precise data on the previous year's collections for comparison, the 59% figure remains ambiguous.
Moreover, the reliability of the sources must be considered. The Budget Lab is a reputable research institution, and their analyses are based on economic modeling and current data. However, the Politico report, while credible, may present figures that are subject to interpretation based on the specific metrics used for comparison (source-5).
Conclusion
Needs Research: The claim that "tariff collections surged 59% compared to last year" lacks sufficient context and specificity to be definitively verified. While there are indications of significant increases in tariff revenues, the exact percentage increase cited in the claim does not have a clear basis in the available data. Further investigation into the specific time frames and methodologies used to calculate these figures is necessary for a conclusive assessment.