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US tariffs

USA 0, China 1 — the tariff that came back as a refund

By Admin,

Published on Oct 29, 2026   —   5 min read

China tradecustoms dutiesfederal workforceUS midtermsTreasury
The United States Treasury building in Washington, DC

Summary

Fiscal 2026 customs receipts fell $21.65bn to $173.22bn, with three negative months as refunds flowed out of the customs account. The federal workforce that collects the tariffs is down 255,000. China closed the same month with a $133.5bn surplus.

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