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![SchwabNetwork Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::872519322077470721.png) Schwab Network [@SchwabNetwork](/creator/twitter/SchwabNetwork) on x 74.5K followers
Created: 2025-07-11 19:28:26 UTC

The U.S. Treasury Department reported an unexpected surplus of $XX billion in June, bringing the fiscal year-to-date deficit down to $XXX trillion.

This comes as President Trump’s tariffs boosted receipts, with U.S. customs duties reaching $XXXX billion in June. 

Trump told NBC News on Thursday that he plans to enact blanket tariffs of XX% to XX% across partners, though the level is currently set at 10%. However, he has already warned of higher rates for certain partners, including XX% tariffs on imports from Canada and XX% on Brazil.

Treasury Secretary Scott Bessent previously said that the U.S. could earn $XXX billion from tariffs by 2025. 

When it comes to national debt, net interest hit $XX billion in June.

Trump has repeatedly stated that he’d like the Federal Reserve to cut interest rates in the near-term, but Fed Chair Jerome Powell has remained steadfast in his messaging that the central bank will wait to assess potential impact of tariffs on inflation before adjusting rate policy.

![](https://pbs.twimg.com/media/GvmaLyxXMAA79OP.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1943754274007089340/c:line.svg)

**Related Topics**
[nbc](/topic/nbc)
[told](/topic/told)
[donald trump](/topic/donald-trump)
[tariffs](/topic/tariffs)
[trumps](/topic/trumps)
[president trumps](/topic/president-trumps)
[government spending](/topic/government-spending)
[act enact holdings inc](/topic/act-enact-holdings-inc)

[Post Link](https://x.com/SchwabNetwork/status/1943754274007089340)

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SchwabNetwork Avatar Schwab Network @SchwabNetwork on x 74.5K followers Created: 2025-07-11 19:28:26 UTC

The U.S. Treasury Department reported an unexpected surplus of $XX billion in June, bringing the fiscal year-to-date deficit down to $XXX trillion.

This comes as President Trump’s tariffs boosted receipts, with U.S. customs duties reaching $XXXX billion in June.

Trump told NBC News on Thursday that he plans to enact blanket tariffs of XX% to XX% across partners, though the level is currently set at 10%. However, he has already warned of higher rates for certain partners, including XX% tariffs on imports from Canada and XX% on Brazil.

Treasury Secretary Scott Bessent previously said that the U.S. could earn $XXX billion from tariffs by 2025.

When it comes to national debt, net interest hit $XX billion in June.

Trump has repeatedly stated that he’d like the Federal Reserve to cut interest rates in the near-term, but Fed Chair Jerome Powell has remained steadfast in his messaging that the central bank will wait to assess potential impact of tariffs on inflation before adjusting rate policy.

XXXXX engagements

Engagements Line Chart

Related Topics nbc told donald trump tariffs trumps president trumps government spending act enact holdings inc

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