ToplineTrump’s so-called reciprocal tariffs are scheduled to go into effect on August 1 after a 90-day delay—just as American families begin back-to-school shopping—and they could hike up the cost of consumer goods imported from other countries.

The U.S. government brought in $30 billion from tariffs in July, a new monthly record that pushes total tariff collections for 2025 past $152 billion. That’s a 261% increase from March’s $8.2 billion,