US government posts $27 billion SURPLUS for June from tariff bump, spending decrease

June saw a surplus of just over $27 billion, a difference from May, which saw a $316 billion deficit. The fiscal year-to-date deficit after June is $1.34 trillion, which is up five percent from 2024, however, when calendar adjustments are taken into consideration, the deficit has decreased slightly by one percent, per the National News Desk.

Leading to the surplus are tariff collections, which have reached $113 billion, up 86 percent from 2024, as well as customs duties, which brought in $27 billion in June. This is up from $23 billion seen in May, and up by 301 percent from June 2024. Per Investopedia, the spending decreased by $187 in June.

Receipts, or money collected by the government, increased by 13 percent in June, while outlays, or spending, decreased by seven percent. For the 2025 fiscal year, which ends on September 30, receipts are up seven percent, and spending is up six percent.

The last time a June surplus was seen by the US government was under Trump’s first term in June of 2017.

Trump has said that he will enact tariffs of 30 percent on imports from the EU and Mexico starting on August 1. In regard to Mexico, Trump wrote that the country has not been doing enough to stem the flow of fentanyl into the US. In regard to the EU, Trump said that he would be moving forward with the tariffs to balance out the trade deficit.

In April, Trump announced reciprocal tariffs for countries around the world that were later paused for 90 days. He said at the time, "NOBODY is getting 'off the hook' for the unfair Trade Balances, and on Monetary Tariff Barriers, that other Countries have used against us, especially not China which, by far, treats us the worst."