Academy’s latest podcast featuring Admiral (ret.) Kelly Aeschbach was released yesterday (you can also find it on iTunes and Spotify). The chart below is rapidly becoming my favorite data series. We published it last month in a New Useful Chart, and we will continue to focus on it, as it seems to give a good read on the real world impact of tariffs. The data series (on Bloomberg) is the US Treasury Deposits Customs & Certain Excise Taxes (Daily Tariff Revenue) (try saying that 10 times quickly). It looks to be a decent, real-time look at tariffs. The data itself ... Tariff Revenue