Payam Javan: The U.S. federal government experienced a surprising budget surplus of $27 billion in June 2025, a significant reversal from previous deficits. This turnaround is largely attributed to a surge in tariff revenues under President Donald Trump’s administration. Tariff collections on imported goods reached a record $27.2 billion for the month, marking a 301 percent increase compared to June 2024. This unexpected growth in tariff income played a crucial role in achieving the surplus, defying earlier analyst predictions of a continued deficit.

Despite this positive monthly performance, the government still faces a fiscal year deficit of approximately $1.3 trillion. However, the June surplus represents a notable improvement, being the first monthly surplus recorded since June 2017. Trump’s economic policies, particularly his assertive stance on tariffs, were a key factor in this financial shift, a sentiment echoed across social media.