Trump Claims Tariffs Brought in Trillions of Dollars

[Dont Taz Me Bro]

The problem is, like so many things he says, it's a lie. We aren't taking in anywhere near "trillions."

According to Co-Pilot:

How much money have the tariffs brought in?

Quick Answer: In 2025, U.S. tariffs have generated tens of billions of dollars, with estimates ranging from about $88 billion year-to-date through August to projections of roughly $300 billion annually under current policies.

Breakdown of Tariff Revenue in 2025​

• Year-to-date revenue: By August 2025, tariffs had raised $88 billion, with $23 billion collected in August alone.
• Effective tariff rates: Average effective tariffs rose from 2.4% in January to about 10–11.5% mid-year, reflecting aggressive new trade measures.
• Annual projections: Analysts estimate tariff collections could reach $300 billion annually, driven by baseline 10% tariffs on most imports and 30% tariffs on Chinese goods.
• Budgetary impact: The Congressional Budget Office projects tariffs could reduce primary deficits by $2.5 trillion over 11 years, assuming current rates persist.
• Political framing: President Trump has touted tariffs as generating “hundreds of millions” monthly, even proposing $2,000 “tariff dividend” checks to Americans.

Furthermore, if the tariffs are working and we have such a wonderful economy, why do 76% of Americans have a negative view of it?

 

[1srelluc]

Meh, everyone with any sense knew it would take a while to unfuck the Biden economy.

 

[meaner gene]

Meh, everyone with any sense knew it would take a while to unfuck the Biden economy.

Obama managed to pull the country out of the biggest recession in history. The "great recession", in less time.

And unlike Trump 45, Biden 46 left the economy better than he inherited it

 

[MarathonMike]

As usual, the Leftists squeal LIE!! LIE!! LIE!! when it is at most, an exaggeration of a fact. And there has been trillions of dollars committed to new investment in the US directly by Trump's efforts. You Trump Haters waste all of your time word parsing so you can distract yourself from the force of nature that is Donald Trump.

 

[meaner gene]

As usual, the Leftists squeal LIE!! LIE!! LIE!! when it is at most, an exaggeration of a fact. And there has been trillions of dollars committed to new investment in the US directly by Trump's efforts. You Trump Haters waste all of your time word parsing so you can distract yourself from the force of nature that is Donald Trump.

The ramblings of a scoundrel to call a lie, mere hyperbole.

 

[DennisPTate]

Meh, everyone with any sense knew it would take a while to unfuck the Biden economy.

I personally do not like Tariffs, at all, but the more that I think about this I believe that the USA Tariffs on my nation Canada, may be the kindest and most merciful manner in which to force Canada's Liberal Party to deal with pretty serious levels of crime that also happen to involve the USA border. I mean the drug trade and terrorist groups using Canada as a staging ground to influence the USA.

One option that is in front of Canada, is to take a serious look at our 1938 to 1974 Bank of Canada policy, in order to assist our bigger companies with the paying off of these Tariffs to the USA?

[Ms. Betty Krawczyk ] :
The Bank of Canada was first established by Prime Minister Richard Bennet in 1935 as a private central bank, but was then nationalized by William Lyon Mackenzie King in 1938. By nationalizing the bank, Mackenzie King meant for it to belong to the people so the Canadian government could borrow funds with little or no interest for capital expenditures. The mandate of the newly nationalized Bank of Canada was to act as the banker to the government and to manage the public debt. As Mackenzie King famously said: “Once a nation parts with the control of their currency and credit, it matters not who makes that nation’s laws. Usury, once in control, will wreck any nation. Until the control of the issue of currency and credit is restored to government and recognized as its most sacred responsibility, all talk of sovereignty of parliament and of democracy is idle and futile.”

So the Bank of Canada was nationalized in 1938 and the government could now borrow money with little or no interest. And it worked. The Canadian government built freeways, public transportation systems, subway line, airports, the St. Lawrence Seaway and funded a national health care system and the Canada Pension Plan. But then Trudeau, under the influence of the international financial group called Basel’s
Committee’s Recommendations (The Basel Committee on Banking Supervision) made the decision to halt the borrowing of money from the Bank of Canada, and instead, chose to borrow from the private banks who instead of lending to the government at no interest, or low interest, introduced higher interest rates along with compound interest.

All banks know very well the magic of compound interest. And Pierre Trudeau must have known that the mounting compounded national debt would lead to Canadians eventually owing a dollar fifty for every dollar of their disposable incomes. After all, he studied economics at the London School of Economics. Surely the professors there knew about compound interest.

So Pierre Trudeau, instead of feeling blessed that Canada, unlike the US, had a nationalized central bank, signed our bank away to the private banks. Couldn’t Trudeau, such an educated man, surmise that citizens in a few years would be struggling to make car payments and meet rent and mortgages and student loans and to buy healthy food while last year’s profits for the big five (that’s Royal Bank, TD Bank, Scotiabank, Bank of Montreal and CIBC amounted to $31.7 billion?) If he did, he didn’t care. But it doesn’t have to be this way. It really doesn’t. Our Bank of
Canada is still there. Next time." (Ms. Betty Krawczyk)

HOW PIERRE TRUDEAU TURNED US INTO DEBT SLAVES

HOW PIERRE TRUDEAU TURNED US INTO DEBT SLAVES Click on the link above to watch Part 3 of my video series on the Canadian Banking Syste...

bettysearlyedition.blogspot.com

My guess is that the truth about the colossal error that Prime Minister Pierre E. Trudeau made in 1974, will NOT come out until the Liberal Party is no longer in power in Ottawa.

 

[RedrickTheCoat]

Meh, everyone with any sense knew it would take a while to unfuck the Biden economy.

Biden's economy was good. Compared to the rest of the world, US was doing well post covid.

Do you understand that Tariffs are essentially a tax? Because, I know you guys hate taxes. The money gained from tariffs goes to the US government. More of your dollars going to the US government under the guise that Trump has cut your taxes. He didn't cut your taxes, he cut elite wealths taxes.

The most modern use of tariffs is to protect domestic industries. But the way Trump is using tariffs is not for any of that.

Trump has basically given a tax cut to the elite wealth, and then introduced broad tariffs which is a tax, not on the elite wealth, but a tax on the average American. It's a double whammy.

What exactly about Biden's economy was he unfucking?

Trump has also said things like:

"Because of Doge we will be able to give a $5000 dollar check to every American"

"The American people will get a $2000 dollar check because of the tariffs"

Just bullshit.

He cut taxes for the elite rich, he raised your taxes through tariffs, he raised the deficit while cutting Medicaid (the very Medicaid that benefits a lot of red states). The shutdown was over the ACA, which again, the result of which will hurt the average American. The average American is clearly not benefitting from these actions.

 

[Leo123]

I personally do not like Tariffs, at all, but the more that I think about this I believe that the USA Tariffs on my nation Canada, may be the kindest and most merciful manner in which to force Canada's Liberal Party to deal with pretty serious levels of crime that also happen to involve the USA border. I mean the drug trade and terrorist groups using Canada as a staging ground to influence the USA.

One option that is in front of Canada, is to take a serious look at our 1938 to 1974 Bank of Canada policy, in order to assist our bigger companies with the paying off of these Tariffs to the USA?



My guess is that the truth about the colossal error that Prime Minister Pierre E. Trudeau made in 1974, will NOT come out until the Liberal Party is no longer in power in Ottawa.

Trump's tariffs are not cast in stone. He uses them for negotiation leverage.

 

[Leo123]

Biden's economy was good. Compared to the rest of the world, US was doing well post covid.

Do you understand that Tariffs are essentially a tax? Because, I know you guys hate taxes. The money gained from tariffs goes to the US government. More of your dollars going to the US government under the guise that Trump has cut your taxes. He didn't cut your taxes, he cut elite wealths taxes.

The most modern use of tariffs is to protect domestic industries. But the way Trump is using tariffs is not for any of that.

Trump has basically given a tax cut to the elite wealth, and then introduced broad tariffs which is a tax, not on the elite wealth, but a tax on the average American. It's a double whammy.

What exactly about Biden's economy was he unfucking?

Trump has also said things like:

"Because of Doge we will be able to give a $5000 dollar check to every American"

"The American people will get a $2000 dollar check because of the tariffs"

Just bullshit.

He cut taxes for the elite rich, he raised your taxes through tariffs, he raised the deficit while cutting Medicaid (the very Medicaid that benefits a lot of red states). The shutdown was over the ACA, which again, the result of which will hurt the average American. The average American is clearly not benefitting from these actions.

Prove that Trump's tariffs are taxes. You bleat nothing but Democrat/Marxist talking points.

 

[HikerGuy83]

Furthermore, if the tariffs are working and we have such a wonderful economy, why do 76% of Americans have a negative view of it?

Because America has become a bunch of whiny crybabies.

We've been going in the "wrong direction" for decades.

People simply don't have gratitude anymore for what they have.

 

[DennisPTate]

Trump's tariffs are not cast in stone. He uses them for negotiation leverage.

That is exactly what I have been thinking as well.

I do believe that President Trump has scared the top million or so wealthiest members of the Chinese Communist Party. I do believe that we will see Xi encouraged to calm down and forget about the literal invasion of Taiwan, [ that I suspect will now be delayed until President Trump is no longer in power].

I would not be shocked if groups like Amnesty International soon have data that indicate that China is even forcing fewer and fewer members of Falun Gong to "volunteer" to have their internal organs harvested, [at least until President Trump is no longer in power?

 

[Concerned American]

Prove that Trump's tariffs are taxes. You bleat nothing but Democrat/Marxist talking points.

Redrick the rookie is still wet behind the ears. He is thoroughly indoctrinated in the democrap BS.

 

[Leo123]

Redrick the rookie is still wet behind the ears. He is thoroughly indoctrinated in the democrap BS.

Yeah, Reddick posting pages and pages of shit no one will bother to read screams rookie for sure.

 

[RedrickTheCoat]

Prove that Trump's tariffs are taxes. You bleat nothing but Democrat/Marxist talking points.

What? OK, so where does the money made from the tariffs go to? The US government, correct?

Prove that Trump's tariffs are taxes? OK, should we then maybe take a second to open google and type in 'Tariff definition'.
Tariffs are taxes imposed by a government on goods and services imported from other countries

God damn. I bleat nothing but Democrat/Marxist talking points. What the **** do you bleat then?

As I said, historically, tariffs are used by countries to protect industries. Trump has put blanket tariffs on countries....what has this resulted in?

 

[Leo123]

What? OK, so where does the money made from the tariffs go to? The US government, correct?

Prove that Trump's tariffs are taxes? OK, should we then maybe take a second to open google and type in 'Tariff definition'.
Tariffs are taxes imposed by a government on goods and services imported from other countries

God damn. I bleat nothing but Democrat/Marxist talking points. What the **** do you bleat then?

As I said, historically, tariffs are used by countries to protect industries. Trump has put blanket tariffs on countries....what has this resulted in?

You dumb shit, tariffs are taxes imposed on the country refusing to play fair. Trump's tariffs have resulted in more revenue which goes to support our American bureaucracies instead of taxing the American people. Plus, they are not set in stone as you so ignorantly portray. In some cases, draconian tariffs put on American goods are met with an equal tariff on their goods. You really have a shallow understanding of what is going on. Turn off the MSM and ignore your Democrat/Marxist minders.

 

[White 6]

The problem is, like so many things he says, it's a lie. We aren't taking in anywhere near "trillions."

According to Co-Pilot:

How much money have the tariffs brought in?

Quick Answer: In 2025, U.S. tariffs have generated tens of billions of dollars, with estimates ranging from about $88 billion year-to-date through August to projections of roughly $300 billion annually under current policies.

Breakdown of Tariff Revenue in 2025​

• Year-to-date revenue: By August 2025, tariffs had raised $88 billion, with $23 billion collected in August alone.
• Effective tariff rates: Average effective tariffs rose from 2.4% in January to about 10–11.5% mid-year, reflecting aggressive new trade measures.
• Annual projections: Analysts estimate tariff collections could reach $300 billion annually, driven by baseline 10% tariffs on most imports and 30% tariffs on Chinese goods.
• Budgetary impact: The Congressional Budget Office projects tariffs could reduce primary deficits by $2.5 trillion over 11 years, assuming current rates persist.
• Political framing: President Trump has touted tariffs as generating “hundreds of millions” monthly, even proposing $2,000 “tariff dividend” checks to Americans.

Furthermore, if the tariffs are working and we have such a wonderful economy, why do 76% of Americans have a negative view of it?

Just another American consumer tax. This one by a phony Republican president. I remember when Republicans were against taxes.

 

[Concerned American]

What? OK, so where does the money made from the tariffs go to? The US government, correct?

Prove that Trump's tariffs are taxes? OK, should we then maybe take a second to open google and type in 'Tariff definition'.
Tariffs are taxes imposed by a government on goods and services imported from other countries

God damn. I bleat nothing but Democrat/Marxist talking points. What the **** do you bleat then?

As I said, historically, tariffs are used by countries to protect industries. Trump has put blanket tariffs on countries....what has this resulted in?

Tariffs were the sole source of revenue for the US until sometime after the civil war. They were the primary source until the income tax was enacted in 1913. Try again, junior.

 

[Missouri_Mike]

The problem is, like so many things he says, it's a lie. We aren't taking in anywhere near "trillions."

According to Co-Pilot:

How much money have the tariffs brought in?

Quick Answer: In 2025, U.S. tariffs have generated tens of billions of dollars, with estimates ranging from about $88 billion year-to-date through August to projections of roughly $300 billion annually under current policies.

Breakdown of Tariff Revenue in 2025​

• Year-to-date revenue: By August 2025, tariffs had raised $88 billion, with $23 billion collected in August alone.
• Effective tariff rates: Average effective tariffs rose from 2.4% in January to about 10–11.5% mid-year, reflecting aggressive new trade measures.
• Annual projections: Analysts estimate tariff collections could reach $300 billion annually, driven by baseline 10% tariffs on most imports and 30% tariffs on Chinese goods.
• Budgetary impact: The Congressional Budget Office projects tariffs could reduce primary deficits by $2.5 trillion over 11 years, assuming current rates persist.
• Political framing: President Trump has touted tariffs as generating “hundreds of millions” monthly, even proposing $2,000 “tariff dividend” checks to Americans.

Furthermore, if the tariffs are working and we have such a wonderful economy, why do 76% of Americans have a negative view of it?

You’re being short sighted in your assessment. The big gains are what US companies are returning to our shores to avoid the tariffs and foreign companies opening operations here to avoid them.

The tarrifs being paid is very small compared to what these businesses will do to avoid being priced out of the market because of them. And that includes a lot of jobs for citizens and tax revenue.

Widen your vision a bit.

 

[RedrickTheCoat]

You dumb shit, tariffs are taxes imposed on the country refusing to play fair. Trump's tariffs have resulted in more revenue which goes to support our American bureaucracies instead of taxing the American people. Plus, they are not set in stone as you so ignorantly portray. In some cases, draconian tariffs put on American goods are met with an equal tariff on their goods. You really have a shallow understanding of what is going on. Turn off the MSM and ignore your Democrat/Marxist minders.

When you say that 'tariffs are taxes imposed on the country refusing to play fair' are you trying to say that the country that they imposed the tariffs on are paying the tax? Where does the extra revenue from those tariffs come from? The US government receives additional money from it ultimately. Does it come from:

a. The country the tariff is imposed on.
b. The importer: the U.S. company buying the product

Have you tried googling the word 'tariff'?

 

[Missouri_Mike]

Just another American consumer tax. This one by a phony Republican president. I remember when Republicans were against taxes.

All you have to do to avoid that tax is produce here with US labor. Exactly what tarrifs have been used against us for.