U.S. Treasury Report: Net Customs Revenue 2 Months Negative, -256 Billion Dollars
According to the monthly financial report released by the U.S. Treasury on 13, net customs revenue for the month of 6 was recorded at -256 billion dollars, marking 2 consecutive months in the negative. The Supreme Court's ruling on customs refunds significantly inflated the amount, turning net revenue into a negative.
According to last month’s government revenue and expenditure report released by the U.S. Treasury on 13 (local time), net customs revenue for the month of 6 was recorded at -256 billion dollars, marking 2 consecutive months in the negative. The previous month was only -4,200 million dollars, indicating a significant widening of the negative gap within a month.
The report states that during the month of 6, customs duties of 236 billion 2,800 million dollars were collected, but refunds of 491 billion 8,300 million dollars were paid out. The refunds exceeded the total customs duties, turning net customs revenue into a negative figure.
This refund flow is attributed to measures following the U.S. Supreme Court's ruling on mutual customs violations, which is part of the process of refunding certain duties previously imposed. As of the report's release, refund operations are ongoing, and their results have been reflected in this month’s fiscal balance items.
The report distinguishes between refund and customs items, indicating monthly figure fluctuations. This data reveals that volatility in customs-related items significantly affected the monthly fiscal flow.
Future monthly reports from the Treasury will continue to disclose refund flows and changes in net customs revenue. Investors can track relevant index changes by checking the customs and refund items in the Treasury's report.
Sources: 연합인포맥스
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