The U.S. budget deficit for October was $284.4 billion, with net tariff revenue of $31.4 billion.
Jinse Finance reported that the U.S. Treasury Department announced the U.S. budget deficit for October was $284 billion, compared to the market expectation of $235.05 billion and $257 billion in the same period last year. October expenditures were $689 billion; revenues were $404 billion, setting a historical high for October. Net tariff revenue in October reached $31.4 billion, a record high and significantly higher than the $7.3 billion in the same period in 2024.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Yilihua: WLFI rises 50% against the trend, ETH is severely undervalued
US-listed company Reliance sells previously held digital assets and reallocates to Zcash (ZEC)
The probability of Kevin Hassett being elected as Federal Reserve Chair rises to 52% on Polymarket
Grab and StraitsX form partnership to explore Web3 wallets and stablecoin settlements
