Wrong as usual. China is paying through the nose.
"In 2025, the U.S. has generated $96.9 billion in revenue from tariffs as of June 29, according to
Politico. The specific breakdown by country is not available in the provided search results, but there are details on tariffs applied to specific countries, like China, Canada, and Mexico, and the impact of these tariffs. China has faced tariffs as high as 34%, 20%, and 25%, with some delayed until August 12, while Canada and Mexico have faced tariffs of 25% and 10%, respectively.
The total revenue from all tariffs in 2025 is estimated to be $2.7 trillion over the next decade, with dynamic revenue effects reducing that amount to $2.334 trillion.
Here's a breakdown of some key points:
- China: Facing a 34% tariff, with some rates delayed and others implemented, including a 25% tariff.
- Canada: Faced a 10% tariff on some goods and a 25% tariff on others.
- Mexico: Faced a 25% tariff.
- Overall Revenue: The total tariff revenue for 2025, including all countries, is estimated to be $96.9 billion as of June 29, according to Politico.
- Dynamic Effects: The dynamic effects of the tariffs, which take into account the impact on the economy, reduce the overall revenue by $366 billion over a decade.
- Historical Context: The 2025 tariffs have raised the average effective tariff rate to its highest since 1909. "