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Trump Tariff has earned $6 trillion in ‘withholding taxes’ in 2025, during the Tariff war against China, India, EU and Canada

Trump Tariff war, US Federal earns $5 trillion, top 10 US Multinational companies, US Withholding Tax, tax-free zone in US, Trump’s Tariff war against China, India, EU and Canada.

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Recently, some reports have said that due to Trump’s tariff war, the US government has collected more than $6 trillion in ‘Withholding Taxes’, individual income taxes, and social insurance taxes, due to which many top companies outside the US are facing a lot of problems in sending and receiving payments. usually the US federal Govt collects approximately $2.0–$2.2 trillion annually in withholding taxes on wages and salaries (as of recent fiscal years). This is the single largest source of federal revenue, typically accounting for 45–50% of all tax collections in 2024. Now in 2025, the Federal government reports the US government revenues have skyrocketed to $6.5 trillion amid the rising China, US, and Europe tariff war that destroyed trillions of dollars from foreign countries and rivalries.

In fiscal year (FY) 2025 (as of November 2025 data), the main sources of U.S. federal revenue, which largely come through withholding, were:

  • Individual Income Taxes: The largest source, accounting for approximately 51% of total federal revenue.
  • Social Insurance (Payroll) Taxes: The second-largest source, making up about 33% of total federal revenue. 

The total U.S. government revenue collected so far in FY 2025 is $5.23 trillion. So $5.23 trillion in 37 days would mean the government collected ~$141 billion every single day—more than Apple’s entire annual profit in one morning.

US Withholding tax applies to various types of income, and the rates can vary depending on the type of income and the tax residency status of the recipient. These examples include: 

  • Salaries
  • Interest from bank deposits
  • Dividends
  • Rent payments above a certain threshold
  • Professional and technical service fees
  • Royalties 

Top 10 US Multinational Companies in 2025, ranked by total revenue (fiscal year 2025 data).
Every single one operates in 20–190 countries, employs tens of thousands overseas, and earns 30–60% of sales outside the U.S. THese companies pay highest Withholdings to US governement in 2025. The headline-making $5 trillion tax win you’re hearing about is the One Big Beautiful Bill Act—President Trump’s just-signed law (July 4, 2025) that locks in every 2017 tax cut forever and adds fresh breaks for families, workers, and U.S. factories.

RankCompanyHQRevenue (FY24)Global Footprint Highlight
1WalmartBentonville, AR$681 billion24 countries, 10,500+ stores, 2.1 million non-US employees
2AmazonSeattle, WA$638 billion18 countries, AWS in 33 regions, Prime Video in 200+ nations
3UnitedHealth GroupMinnetonka, MN$400 billionHealth plans in Brazil, Portugal, India; Optum in 150 countries
4AppleCupertino, CA$383 billion500+ retail stores in 25 countries, supply chain in 40+ nations
5CVS HealthWoonsocket, RI$358 billionPharmacies in Brazil (via Aetna), 9,000+ US stores serve global tourists
6Berkshire HathawayOmaha, NE$364 billionOwns 60+ firms: Duracell (60 countries), NetJets (global), Geico (UK)
7Alphabet (Google)Mountain View, CA$328 billionCloud in 200+ countries, YouTube 2B users, offices in 70 nations
8ExxonMobilSpring, TX$344 billionOil & gas in 50 countries, 70,000 employees outside US
9McKessonIrving, TX$309 billionPharma wholesale in Canada, Europe, Australia; 45,000 global staff
10Cencora (ex-AmerisourceBergen)Conshohocken, PA$294 billionDrug distribution in 50+ countries, Alliance Healthcare in 12 EU nations
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