Trump's tariff income in April was over 17 billion US dollars. This puts every route from its first term in the shade.

President Trump's tariffs became very real for importers last month when the government submitted more than 17.4 billion US dollars to “customs and certain consumer taxes” in April.

That was Fast Double March's transport of 9.6 billion US dollars and issued the smaller income that could be seen during Trump's first term.

Overall, the tasks have paid more than 70 billion US dollars into government funds since January 1.

“As billions of dollars from tariffs … we are only in a transition phase, just start !!!” Trump said about social Friday.

He could be right. April's data may only give an insight into what comes. The largest tariffs – 10% tasks for almost every country in the world – came into force on April 5, with many additional tariffs being promised for the coming months.

Read more: The latest news and updates to Trump's customs duties

But also the revenue that was made more difficult for the future of the tariff income are direct signs of a decline in shipping volume in response to the tasks. The port of Los Angeles is now predicting an example of a decline in the load volume of more than one third, from next week.

Despite the considerable concessions of Trump in April, the great transport comes, the huge importers such as car and technology manufacturers and countries for much higher tariffs in front of the 90-day postponement.

Read more: What Trump's tariffs mean for the economy and its wallet

Trump delayed additional “mutual” tariffs for more than 100 nations until this summer, since negotiations were negotiated there. He has also promised that new sector -specific tariffs will be announced in the coming weeks or months for articles such as semiconductors and medicines.

The data is significant, but could easily be overvalued, with the Ministry of Finance reporting both customs duties and certain consumer taxes from the Department of Homeland Security (DHS) as a single category.

Consumers differ from customs tasks, and more precise data is expected in the coming months, but the amount of taxes levied by DHS is low in the past.

Trump himself has often advertised the increase in the government's tariff income, which indicates that the US government is on the way to repeating an era of US history that ended more than a century ago when tariffs made up a significant part of the state income.

“We will make a lot of money [from tariffs] And this money is used to reduce taxes, “said Trump on April 23.” We will get large, large tax breaks. “

His helpers went on. This week, Minister of Commerce Howard Lutnick advertised at this cabinet meeting “The hundreds and hundreds of billions of dollars that came in”.

Read more: 5 ways to report your finances

Stephen Miran, chairman of the Trump Council of Economic Advisers, indicated on Friday in a Bloomberg television interview that internal administrative figures could vary.

“I would be surprised if we had a customs revenue that was less than hundreds of billions of dollars a year,” he said, although he said in the interview elsewhere that the upcoming negotiations could lead to lower tariffs within a few weeks.

A spokesman for the White House rejected an additional context to offer whether the income from the internal tariff of the White House deviates in their daily statements from the public publications of the financial department.

Everything has led to Trump played with the idea that the revenue would enable the removal of income taxes. But while the increase in sales in April is considerable, it is still hardly a decline in the financial bucket of America.

President Trump speaks to reporters when he is preparing to leave the White House in February. (Saul Loeb/AFP via Getty Images) · Saul Loeb about Getty Images

As an example, the total tariff income in April corresponds less than a quarter of what the United States pays only for interest for the public debt every month.

And all monthly government expenditure in March – the last full data month that is available – was over 528 billion US dollars or more than 31 times in April tariff tariff.

And that is even 5.8 trillion dollars in New Red ink in the coming years before the tax bill in Capitol Hill.

But Trump did not prevent that from saying that the tariffs fundamentally change the US fiscal image and sometimes overestimate the publicly available figures.

“The number is probably 3.5 billion US dollars a day,” he said on April 10th.

He has $ 2 billion a day in other contexts and was repeated-in April in April including consumer taxes and still corresponds to around $ 580 million a day if it has been averaged.

It is part of a focus of Trump in the early 20th century – and especially the presidency of William McKinley – that has long been an era of lion for Trump.

In the 1890s, the income from the tariffs issued about half of the federal revenue. However, this number has fallen under 2%in the past few decades.

Ben Werschkul is a Washington correspondent at Yahoo Finance.

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