See my returns and portfolio breakdown. Follow for investment tipsYeah, 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.