While President Donald Trump proudly boasts that his tariffs generate a stunning $2 billion per day for the United States, official figures paint a very different picture.
According to U.S. Customs and Border Protection (CBP), more than $500 million has been collected since April 5th under newly implemented reciprocal tariffs — part of 15 trade actions initiated since January 20, 2025. In total, the tariffs have generated over $21 billion. However, the average daily revenue is only about $305 million, as confirmed by a Treasury Department report released on Monday.
❌ Trump’s Claims vs. Reality
Trump has repeatedly claimed that his "reciprocal tariffs" generate at least $2 billion daily, but this figure is not supported by official data. In fact, CBP clarified that even during a 10-hour financial system outage — which temporarily blocked importers from submitting tariff codes for goods already en route — the average daily intake remained steady at $250 million.
This gap between Trump’s narrative and the actual numbers raises eyebrows not only among economists but also among importers who struggled with system disruptions during the glitch.
💊 What’s Next? Cars, Pharmaceuticals, and More Tariffs
In early April, the Trump administration slapped a 125% tariff on all Chinese imports, including a 90% tax on packages under $800 that were previously exempt under the "de minimis" rule. At the same time, sector-specific tariffs on the auto industry remain in place, and new trade policies targeting the pharmaceutical industry are expected soon.
Originally, the administration had planned sweeping new tariffs on dozens of trading partners but quickly scaled back to a temporary 10% universal rate, excluding China. In retaliation, China raised its own tariffs to 125%, with its Ministry of Commerce stating the country is “ready to fight to the end.”
However, Beijing also signaled that it may be willing to de-escalate — if Trump fully reverses his tariff regime and returns to a path of mutual respect and cooperation.
While President Trump portrays his strategy as a resounding economic triumph, the numbers tell a different story: his tariff policies are far from the financial windfall he claims, and China’s growing defiance suggests the trade war is far from over.
#TRUMP , #Tariffs , #TrendingTopic , #TradingCommunity , #USGovernment
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