Trump Tariffs Yield 151 Billion Dollars in 5 Months, Bolster US Security Against Trade Deficits

President Trump’s Liberation Day tariffs generated 151 billion dollars in revenue over the first five months of the fiscal year, nearly four times the prior period’s haul. Following a 90-day pause after average rates peaked at 21% and the S&P 500 surged 9.52%, Executive Order 14257 targets persistent goods trade deficits. The policies have spurred 400 billion dollars in new pharmaceutical investments, fortifying US supply chains and national security.