PRESIDENT TRUMP SAYS, 'WE ARE COLLECTING $2 BILLION A DAY FROM TARIFFS.
Yeah, Trump has often highlighted tariffs as a big win during his speeches. Saying "we are collecting $2 billion a day from tariffs" sounds like he's emphasizing how tariffs are bringing in revenue to the U.S. government.
But a couple of things to keep in mind:
Tariffs are taxes on imports, meaning U.S. importers (often American companies) are the ones paying them — not directly foreign governments or companies.
That cost often gets passed down to U.S. consumers through higher prices.
$2 billion a day would translate to around $730 billion a year, which seems extremely high compared to historical tariff revenue numbers — even at the peak of the U.S.-China trade war, annual tariff revenue was more like $70-$80 billion.
So it’s likely that number is either an exaggeration, a temporary spike, or mixing different figures together (like including retaliatory tariffs or anticipated future gains).
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