Trump's tariff revenue is on pace for another monthly record in June


Reagan hit Japan with 100% tariffs. No one cried and yelled, because Americans understood how important it was to protect their industries as Japan engaged in protectionism. He actually went further than Trump, telling Japan that if they didn't quietly accept these massive increased, he would go to Congress and force them to pass restrictions and quotas above and beyond even higher tariffs.

Don't take everything as gospel.
 
Record tariffs collected. Will this ensure U.S manufacturing returns? In high-tech this is important. Also, how much of a break will the U.S give China on tariffs in any trade deal which China will eventually break anyways? If he cuts tariffs to China he is not only doing China a major favor for a deal they won't honour, but also hurting the U.S treasury. MSN.
President Trump's tariffs are pouring billions more into US coffers in June, putting the revenue supplied by importers on pace for another monthly record.


The latest measure of government receipts for "Customs and Certain Excise Taxes" stood at almost $27 billion for the month of June, according to the Treasury Department’s latest daily statement dated June 25.
BS.
 
Record Tax on the poor, declared by the King of the GOP. All paid by American Importers. then passed on to American consumers. All so the Top .1% can get their tax cuts. The Ugly Monstrosity of a bill masquerading as a reconciliation package creates more deficit spending.
 
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Record tariffs collected. Will this ensure U.S manufacturing returns? In high-tech this is important. Also, how much of a break will the U.S give China on tariffs in any trade deal which China will eventually break anyways? If he cuts tariffs to China he is not only doing China a major favor for a deal they won't honour, but also hurting the U.S treasury. MSN.
President Trump's tariffs are pouring billions more into US coffers in June, putting the revenue supplied by importers on pace for another monthly record.


The latest measure of government receipts for "Customs and Certain Excise Taxes" stood at almost $27 billion for the month of June, according to the Treasury Department’s latest daily statement dated June 25.
Tariffs are taxes... for about 50 years you guys have been saying that taxes are bad...now you’re celebrating them....
 
Tariffs are taxes... for about 50 years you guys have been saying that taxes are bad...now you’re celebrating them....
Tariffs against nations that violate fair trade are equalizers. Being fooled by the CCP was the worst that could have happened to America, now it's time to return back to sanity. Force them to do the same.
 
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Tariffs are taxes... for about 50 years you guys have been saying that taxes are bad...now you’re celebrating them....
You must become the party of the people again. Reduce all the federal taxes for the lower classes. You will not.
 
Record sales tax increase! Congratulations! Never thought I would see the GOP praising raising taxes… of course this tax is more burdensome on the poor so now it makes sense.
So what happened to the leftist screeching about “tax breaks for the rich”?
 
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Tariffs against nations that violate fair trade are equalizers. Being fooled by the CCP was the worst that clould have hapened to America, now it's time to return back to sanity. Force them to do the same.
Tariffs are taxes on imports--paid by the importer. If the importers are chinese, they pay the tariffs. If the importers are Americans, they pay the tariffs.

In both cases the costs are passed on to the consumers.

Your celebration of a tax increase violates everything you say you stood for. Its too bad you guys have zero character.
 
Tariffs are taxes on imports--paid by the importer. If the importers are chinese, they pay the tariffs. If the importers are Americans, they pay the tariffs.

In both cases the costs are passed on to the consumers.

Your celebration of a tax increase violates everything you say you stood for. Its too bad you guys have zero character.
Is there a law that you have to purchase products manufactured in China? If the proce of a.product increases, find another. Wage increases are outpacing inflation, so, the greater good to address foreign trade violators trunps your need for cheap, slave labour goods.
 
Tariffs against nations that violate fair trade are equalizers. Being fooled by the CCP was the worst that clould have hapened to America, now it's time to return back to sanity. Force them to do the same.
You don't live in America to know what we've been fooled by. Trumps tariffs are not the return to sanity.
 
Is there a law that you have to purchase products manufactured in China? If the proce of a.product increases, find another. Wage increases are outpacing inflation, so, the greater good to address foreign trade violators trunps your need for cheap, slave labour goods.

Is there a law that forces you to be such a hypocrite?

The newfound money that the treasury has is the result of taxes on American importers....nothing more nothing less.
 
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