The U.S. Collected Over $500 Million Daily From Tariffs In April

by News Editor

May 14, 2025

The United States reported a significant budget surplus of $258 billion in April, marking a 23% increase from the previous year. This rise is attributed to higher tax revenues and an upsurge in tariff collections, as Reuters reported.

Key Facts

The U.S. collected over $500 million daily from tariffs in April, showing a significant increase in revenue.
Net tariffs totaled $16 billion in April, up by $9 billion from the previous year.
For the first seven months of the fiscal year, net tariffs amounted to $63 billion, compared to $48 billion last year.
This surge followed President Trump’s tariff hike on Chinese goods to 145% and additional taxes on other imports.

What to Watch

These new revenues might see a decline. The U.S. and China reached a temporary agreement over the weekend to ease imposed tariffs. The U.S. has lowered tariffs on Chinese goods from 145% to 30% for the upcoming 90 days, while China will reduce its tariffs on American goods from 125% to 10%.

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Greek Tankers Transit Hormuz As Shipping Risks Rise In Gulf And Black Sea

by THEFUTURE.TEAM

March 16, 2026

Two tankers linked to George Prokopiou passed through the Strait of Hormuz as regional tensions continue to affect shipping routes in the Gulf.

Safe Passage Through Hormuz

The tanker Smyrni, operated by Dynacom Tankers Management, was observed off the coast of Mumbai on Saturday morning after its earlier positioning in the Persian Gulf. The vessel, like its predecessor Shenlong, temporarily disabled its transponder during transit, a common practice in these narrow channels under uncertain conditions.

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Robust Market Commitments

Despite reduced shipping traffic through the strait, Dynacom has continued expanding its fleet. The company recently ordered four additional VLCC tankers from Hengli Heavy Industry. Each vessel will have a capacity of 300,000 deadweight tonnes. With the new order, Dynacom’s VLCC program in Chinese shipyards now totals 16 vessels.

Security Incident In The Black Sea

In a separate incident, the Greek-flagged tanker Maran Homer sustained minor damage near Novorossiysk in the Black Sea. The vessel is operated by Maran Tankers Management, part of the shipping group controlled by Maria Angelicoussis.

Reports indicated the ship was struck by a missile or drone about 14 nautical miles from the port. The crew of 24, including Greek, Filipino and Romanian sailors, was not injured. The vessel, which was not carrying cargo, continued sailing under its own power.

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