"Trump touted, "We're making a fortune with tariffs. $2 billion a day. Do you believe it?" This number starkly contrasts with real data, showing far lower revenues."
"US Customs and Border Protection confirmed only $500 million in tariff collections since April 5, revealing a significant discrepancy from Trump's claims."
President Trump has repeatedly stated that the U.S. is earning $2 billion daily in tariffs, yet official data shows this figure is vastly inflated. According to U.S. Customs and Border Protection (CBP), the real amount collected since April 5 is only $500 million. Further analysis reveals that the average daily revenue over the fiscal year is around $227 million, far from Trump's assertions. This inconsistency raises questions about the accuracy of the claims and the overall tariff strategy's effectiveness.
Read at Business Insider
Unable to calculate read time
Collection
[
|
...
]