Revenue from customs duties spiked more than 60% in April as the first of President
The data from the Daily Treasury Statement reflects customs duties that larger importers and brokers paid in April on imports arriving in US ports in March.
About two-thirds of importers pay tariffs monthly, on the 15th working day of the following month. Daily collections — those paid at the time of importing — have also risen by about 40% in April compared with the comparable period ...
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