AllSides

Trump said tariffs collections are ‘almost $2 billion a day.’ Trade experts are doubtful

Trade

From the Center
Fact Check

Before pausing country-by-country tariffs for 90 days, President Donald Trump repeatedly said tariffs were bringing in immense revenue.

At an April 8 executive order signing, Trump said, “We’re taking in almost $2 billion a day in tariffs. Two billion a day.”

He repeated the $2 billion figure during an April 8 speech to the National Republican Congressional Committee. Trump did not cite a source for the figure.

AllSides Picks

More News about Trade

News from the Left

News from the Center

News from the Right