TMTPOST -- U.S. Treasury Secretary Scott Bessent said Tuesday that the country has already collected about $100 billion in tariff revenue so far this year, and that total could climb to over $300 billion by the end of 2025, fueled by President Donald Trump’s aggressive trade measures. Speaking at a White House cabinet meeting, Bessent noted that the bulk of collections began in the second quarter after Trump imposed a near-universal 10% duty on U.S. imports and sharply increased tariffs on steel, aluminum, and automobiles. “We could expect that number to exceed $300 billion by the end of the year,” Bessent said, referring to the end of the 2025 calendar year. A Treasury spokesperson later clarified that the $300 billion projection is based on collections through December 31, 2025—not the close of the government’s fiscal year on September 30.