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25th Aug 2025 17:22USDaily Monitor

  • Tariff revenues crept up by just $2B to $32B in August, but likely will reach $45B soon.
  • Tariffs have risen this month; imports from high tariff nations will rebound; the de minimis exemption will end.
  • We doubt the jump in underlying durable goods  orders in July is a sign of things to come. 

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Keywords for: 27 August 2025 US Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence