Trump's Tariffs Are Starting to Bring in Revenue

[1srelluc]

MSN

While economists continue to warn that President Donald Trump's tariffs could inflict lasting damage on the U.S. economy, the new import duties have started to bring in some revenue to the federal government's coffers.

In April, the Treasury Department reported $15.9 billion in tariff collections, compared to $9.6 billion the previous month, according to official data reviewed by Newsweek. The spike followed Trump's "Liberation Day" order imposing a 10 percent minimum tariff on all imports and much higher rates—up to 145 percent—on Chinese goods.

Meanwhile the chi-coms continue to back down in dribs and drabs and other countries are coming, hat in hand, to the bargaining table.

Stay the course Trump!

 

[Blaster]

In Trump We Trust

 

[Crepitus]

MSN

While economists continue to warn that President Donald Trump's tariffs could inflict lasting damage on the U.S. economy, the new import duties have started to bring in some revenue to the federal government's coffers.

In April, the Treasury Department reported $15.9 billion in tariff collections, compared to $9.6 billion the previous month, according to official data reviewed by Newsweek. The spike followed Trump's "Liberation Day" order imposing a 10 percent minimum tariff on all imports and much higher rates—up to 145 percent—on Chinese goods.

Meanwhile the chi-coms continue to back down in dribs and drabs and other countries are coming, hat in hand, to the bargaining table.

Stay the course Trump!

Directly outta the pockets of the American public.

 

[Winco]

MSN

While economists continue to warn that President Donald Trump's tariffs could inflict lasting damage on the U.S. economy, the new import duties have started to bring in some revenue to the federal government's coffers.

In April, the Treasury Department reported $15.9 billion in tariff collections, compared to $9.6 billion the previous month, according to official data reviewed by Newsweek. The spike followed Trump's "Liberation Day" order imposing a 10 percent minimum tariff on all imports and much higher rates—up to 145 percent—on Chinese goods.

Meanwhile the chi-coms continue to back down in dribs and drabs and other countries are coming, hat in hand, to the bargaining table.

Stay the course Trump!

In Trump We Trust

Why are you two cheering on the higher prices that the American consumer is now paying?

 

[WorldWatcher]

In April, the Treasury Department reported $15.9 billion in tariff collections, compared to $9.6 billion the previous month, according to official data reviewed by Newsweek. The spike followed Trump's "Liberation Day" order imposing a 10 percent minimum tariff on all imports and much higher rates—up to 145 percent—on Chinese goods.

$4.3 Billion in new taxes from tariffs.

Did imports increase or decrease? What was the cost in reduced economic activity, lost wages, and lost sales tax to the states?

WW

 

[Mr Natural]

Why are you two cheering on the higher prices that the American consumer is now paying?

Because their Messiah did it and He could not ever be wrong.

 

[TNHarley]

So its bringing in revenue from foreign companies, and the American consumer will pay for it.