Poland Becomes Sole EU MiCA Holdout After Parliament Fails to Overturn Veto
Crypto21:06
CZ Emphasizes Strict Private Key Isolation for Hardware Wallets
Macro21:06
US Small Business Bankruptcies Surge to Records as Inflation Persists
Alert20:06
Jupiter Team Admits 'Zero Risk' Claim Inaccurate Amid Rehypothecation Scrutiny
Crypto20:06
Binance Futures Adds RWUSD as Reward-Bearing Margin Asset
Crypto20:06
Base Network Payment Protocol Settlements Cross $500k with High Weekly Growth
Crypto20:06
Ethereum Stablecoin Velocity and Lending Liquidity Reach All-Time Highs
Macro
US Tariff Revenue Surges 281% YoY to Record $34.2 Billion in October
11/30/2025, 21:05
11/30/2025, 21:35
AI SUMMARY
●October tariff revenue jumped 281% YoY to a record $34.2 billion
●Three-month total reached $96.8 billion, exceeding all of FY 2024
●Data indicates a significant shift in government revenue composition
The Kobeissi Letter reports that US tariff revenue surged 281% year-over-year in October, reaching a record high of $34.2 billion. This significant increase highlights a shifting fiscal landscape regarding trade duties and marks a dramatic change in government revenue composition.
Furthermore, over the three-month period ending in October, customs and specific excise taxes totaled $96.8 billion. This figure notably exceeds the total collected for the entire Fiscal Year 2024, indicating a massive acceleration in revenue collection from these sources.