🇺🇸 U.S. Tariff Revenue Could Slash Deficit to 5%
According to BlockBeats, Treasury Secretary Besent said August and September will be crucial months to gauge tariff revenue, which could exceed $300B.
💡 Key Points:
Revenue boost → $300B+ in tariff income expected.
Deficit impact → Could lower the deficit rate to 5% without other major adjustments.
Timing → Assessment period focused on late summer.
📊 Market Takeaway:
If these projections hold, stronger tariff revenues could give the U.S. more fiscal breathing room, potentially easing pressure on debt markets — but the broader economic cost of higher tariffs remains a watchpoint.