U.S. Treasury Secretary Bentsen dropped a big news today! He said that the China-U.S. trade agreement is basically finalized, and if this really happens, it will be something extraordinary!

The most explosive part is that he predicts that by 2026, the U.S. could earn over $300 billion just from tariffs! 300 billion, my friends, that's an enormous amount! Just doing some simple math, that averages out to several tens of billions more each year.

If you ask me, with these tariff increases, in the end, aren’t we the common people who will foot the bill? Imported goods will become more expensive, and prices in stores will definitely rise accordingly. However, Bentsen seems quite pleased with his words, suggesting that this is a win for the U.S.

Now it all depends on how this agreement will be implemented. If it’s as optimistic as he says, then the U.S. wallet could indeed get much fatter over the next few years. But we also have to consider whether other countries will follow suit with tariff increases. If you raise and I raise, it could lead to a trade war, and that would not be fun at all.