The US deficit in 2025 narrows to $1.67 trillion, hitting a three-year low, with tariff revenue reaching $264 billion but facing legal challenges.

LiquiditySurfer · 2026-01-13T20:18:14+00:00

U.S. Treasury Department data shows that the budget deficit will decrease to $1.67 trillion in 2025, with increased tariff revenue being a key factor. However, the slowdown in tariff revenue in December and a significant decline in corporate income tax still pose fiscal pressures. The legitimacy of future tariff revenue remains uncertain, which could impact dollar expectations and global markets.

LiquiditySurfer

2026-01-13 20:18:14

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【CoinPush】The latest data released by the U.S. Department of the Treasury has sparked attention. The budget deficit for the fiscal year 2025 narrowed to $1.67 trillion, the lowest level in three years. What is behind these numbers? The key lies in the significant increase in tariff revenue.

The December monthly deficit was $145 billion, and the cumulative deficit for the first three months of the 2026 fiscal year reached $602 billion. It looks pretty good, but the details are interesting — December tariff revenue slowed to $28 billion, the lowest since July. What does this indicate? The effect of tariffs is gradually weakening.

Even more concerning is the corporate side. December corporate income tax revenue plummeted to $65 billion, down 28% year-over-year. Meanwhile, the tax reform law is exerting a reverse pull. As the tax season begins, individual income tax refunds will also be concentrated, putting renewed pressure on the treasury.

Looking at the entire year, total tariff revenue for 2025 reached $264 billion, an increase of $185 billion compared to the previous year. At first glance, it’s impressive, but there are uncertainties about the future of this revenue. The Supreme Court is currently reviewing the legality of multiple tariffs imposed by Trump. If the ruling is unfavorable, these revenues could evaporate like bubbles. For the crypto market, the direction of U.S. fiscal policy directly impacts dollar expectations and the pricing of global risk assets.

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VitalikFanboy42

· 17h ago

Tariffs are just drinking poison to quench thirst. They look good in the short term but lack sustainability. The real issue is the 28% plunge in corporate taxes.

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CryptoCross-TalkClub

· 17h ago

Laughing to death, this wave of tariff operations is like a new project in the crypto circle, overhyped in the early stage, and the effect drops straight down later. 28 billion can also hit a new low, this harvest machine for retail investors needs to keep going. Corporate income tax plummeted by 28%? Bear market trading cryptocurrencies, now even the US government is replenishing inventory. Fellow retail investors, we are not alone. The narrowing deficit relies on tariffs to support it, which is as fragile as maintaining the ecosystem through exchange fees. A slight market cooling and everything is over. Tax season refund wave is coming, fiscal pressure is rising. Don't panic, this won't matter in the next bull market. 264 billion in tariff revenue sounds impressive, but next month they might only have around 200 billion. This game of tug-of-war, I prefer to call it "betting against oneself."

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