00:00The U.S. has collected more than $200 billion this year from new tariffs imposed by President
00:06Donald Trump since early 2025, according to Customs and Border Protection. The surge comes
00:12as the Supreme Court weighs whether those tariffs imposed without congressional approval are legal.
00:18The total excludes tariffs from Trump's first term, which are not being challenged,
00:22and includes so-called reciprocal tariffs and fentanyl tariffs,
00:25targeting imports from Canada, China, and Mexico. After months of steady increases,
00:31tariff revenue dipped slightly in November, marking the first monthly decline since the
00:36new duties were announced in April.
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