Trump's tariff revenue increased by 300% in July ✊
This brought the U.S. $29.6 billion in just one month. Estimates suggest this could generate around $350 billion annually as long as Trump is in charge.
But not everything is so rosy: the U.S. trade deficit sharply increased by 19% in July (to $291 billion). Tariff revenues account for only 10% of this.
The deficit issue could be resolved if the U.S. government reduces spending (last month - $630 billion).
It is encouraging that as a result, $BTC , #золото , and even #ЕТН are growing 😇