Trump’s tariffs are bringing in a ‘very significant’ amount of revenue, top analyst says: Roughly $350 billion a year
via fortune.com
Short excerpt below. Read at the original source.
The U.S. government is currently collecting tariff revenues at an annualized pace of roughly $350 billion, a “significant” amount, according to Torsten Slok, chief economist at Apollo Global Management. In his typical style, one of brevity and striking charts, Slok added that the figure equates to roughly 18% of annual household income tax payments, underscoring […]