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Trump's Controversial Tariffs Generate Nearly $350 Billion, Becoming 'Very Significant' US Revenue Source, Says Economist
Yahoo Finance· 2025-09-23 21:31
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The controversial tariffs imposed by President Donald Trump have turned into a major revenue stream for the U.S. government, amassing approximately $350 billion at an annualized pace. Tariffs Now A Major Federal Revenue Source, Says Economist The tariffs, which are essentially taxes on imported goods, have become a “significant” source of federal revenue, according to Torsten Slok, chief economist at Apol ...