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[US April Budget Surplus Rises Amid Tariff Revenue Increase; Fiscal Year Deficit Still Up 23%] The U.S. Treasury Department Reported A $258 Billion Budget Surplus In April, Up 23% From A Year Prior, Partly Due To A $9 Billion Rise In Customs Duties To $16 Billion, Reflecting Higher Tariffs Including On Chinese Goods. The U.S. Collected Approximately $500 Million Daily From Tariffs In April. For The First Seven Months Of The Fiscal Year, The U.S. Deficit Reached $1.049 Trillion, A 23% Increase. Recently, The U.S. And China Agreed To Temporarily Adjust Some Tariffs, With US Rates On Certain Chinese Goods Dropping From 145% To 30% For 90 Days And China's Duties On US Imports Falling From 125% To 10%.
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