🚨💸 *Trump's Tariff Claim vs. Reality* 📊

Donald Trump claims his tariffs have generated "trillions of dollars" in revenue, but official figures tell a different story. Let's break it down ¹ ²:

- *Actual Tariff Revenue:* The US has collected $142 billion in tariff revenue so far this fiscal year, with $96 billion generated since Trump's tariffs began in April.

- *Monthly Revenue:* Tariff revenues have risen from $16 billion in April to $28 billion in July.

- *Pre-Tariff Revenue:* Before the tariffs, customs duties were around $7-8 billion per month.

*The Reality:*

- Trump's tariffs are paid by US companies importing foreign goods, with costs often passed down to American consumers.

- A US Court of Appeals ruling stated that Trump's reciprocal tariffs exceeded presidential authority, calling tariffs a "core Congressional power".

*Congressional Budget Office (CBO) Projection:*

- The CBO projects the US government will collect an additional $4 trillion in tariff revenue over the next 10 years, assuming the tariffs remain in place ³ ⁴.

*Let's Get Real:*

- Trump's claim of "trillions" in revenue is an exaggeration, but the actual figure is still significant.#TrumpTariffs #PCEMarketWatch $TURBO