Trump Exaggerating Revenue From Tariffs

April 20, 2025 6:56 am

(AP) – President Donald Trump is claiming that tariffs on imported goods are bringing in billions of dollars a day — $2 billion to be exact. But, according to government data, the number is far smaller. Trump began raising tariffs in February. That month about $7.247 billion in custom duties were collected, or $258.82 million per day. In March, the number was about $263.48 million per day. U.S. Customs and Border Protection, which collects tariffs, said in an April 8 statement that as a result of 13 tariff-related presidential actions taken by Trump, it was collecting each day “over $200 million in additional associated revenue.”