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

[shockedcanadian]

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.

 

[Billiejeens]

The market understood the tariffs were mostly used as a bargaining chip.
Those who wish to pay them will pay; others can discuss new deals.
New agreements were renegotiated, with the United Kingdom being one of the significant ones.
We’re making progress with China.
The US-Canada talks are back on after Ottawa dropped the digital services tax.

Additionally, CNBC reported that $121 billion has been brought into the United States through the tariff policy, with the stock market reaching a historic high yesterday.

 

[Blaster]

The market understood the tariffs were mostly used as a bargaining chip.
Those who wish to pay them will pay; others can discuss new deals.
New agreements were renegotiated, with the United Kingdom being one of the significant ones.
We’re making progress with China.
The US-Canada talks are back on after Ottawa dropped the digital services tax.

Additionally, CNBC reported that $121 billion has been brought into the United States through the tariff policy, with the stock market reaching a historic high yesterday.

Gas is also cheaper.

 

[ColonelAngus]

Bargaining chip to get companies to move their manufacturing back to the US.

It is a good strategy.

The left says THE SKY IS FALLING because they do not want the US to have a good economy. They hate this racist country run by KING HITLER.

Yet, they want Hispanics and Blacks from all over the world to come to this awful racist country run by KING HITLER. That is RACIST AS ****! The left want those people to come here and DIE!

 

[citygator]

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.

 

[citygator]

Bargaining chip to get companies to move their manufacturing back to the US.

It is a good strategy.

The left says THE SKY IS FALLING because they do not want the US to have a good economy. They hate this racist country run by KING HITLER.

Yet, they want Hispanics and Blacks from all over the world to come to this awful racist country run by KING HITLER. That is RACIST AS ****! The left want those people to come here and DIE!

Sure. Because a 10% tariff is going to move production from low cost no rules shitholes to here. What are you smoking?

 

[ColonelAngus]

Lefties should want all the manufacturing to be done here under strict environmental regulations instead of China where they have little environmental regulations and use a shitload of fossil fuels.

If you are concerned about the earth, you would want China to make NOTHING. Because we are all gonna die from global warming.

I live in Florida. I am swimming right now.

 

[citygator]

Lefties should want all the manufacturing to be done here under strict environmental regulations instead of China where they have little environmental regulations and use a shitload of fossil fuels.

If you are concerned about the earth, you would want China to make NOTHING. Because we are all gonna die from global warming.

I live in Florida. I am swimming right now.

It’s shark time in Florida. Don’t swim close to dusk or dawn.

 

[IM2]

So we have 2 billion dollars made in tariff revenue and a bill that's going to create 4 trillion in debt. The OP is a Canadian who doesn't have t pay the jacked-up prices we do because of these dumb tariffs. He really needs to STFU.

 

[Billiejeens]

So we have 2 billion dollars made in tariff revenue and a bill that's going to create 4 trillion in debt. The OP is a Canadian who doesn't have t pay the jacked-up prices we do because of these dumb tariffs. He really needs to STFU.

You put everything on your EBT card, so hush.

 

[shockedcanadian]

So we have 2 billion dollars made in tariff revenue and a bill that's going to create 4 trillion in debt. The OP is a Canadian who doesn't have t pay the jacked-up prices we do because of these dumb tariffs. He really needs to STFU.

Hey, I'm one of the good guys buddy.

You sure believe you understand Canada though don't you? You weren't born and raised in a caste system so shush with the opinions lad.

You do entertain me though. I even spit some of my tea out once in awhile when you land your patented "stfu (in caps)" on me. A classic!

 

[Nostra]

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.

And yet, inflation is down.

Kinda ruins the talking point bullshit your handlers fed you, Simp.

 

[Nostra]

So we have 2 billion dollars made in tariff revenue and a bill that's going to create 4 trillion in debt. The OP is a Canadian who doesn't have t pay the jacked-up prices we do because of these dumb tariffs. He really needs to STFU.

Your Cult’s prediction of higher inflation turned out to be bullshit, IQ2.

 

[SassyIrishLass]

What I'm seeing is manufacturing bringing back production to the US.

 

[22lcidw]

So we have 2 billion dollars made in tariff revenue and a bill that's going to create 4 trillion in debt. The OP is a Canadian who doesn't have t pay the jacked-up prices we do because of these dumb tariffs. He really needs to STFU.

So, the progs would have balanced the budget immediately. Why the inflation? Why? You remember Joe moving walking to a teenage prog socialist woman as she was near crying about the energy issues of the earth saying we will go green. We do. And she deserves to be turned into green energy and will.

 

[Edgetho]

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.

BBBBBUTTT....... WE'RE ALL GONNA DIE FROM EXTREME INFLATION!!!!!!!

US Inflation Rate is at 2.35%, compared to 2.31% last month and 3.27% last year. This is lower than the long term average of 3.28%.

US Inflation Rate Monthly Analysis: Consumer Price Index​

 

[Captain Caveman]

Sure. Because a 10% tariff is going to move production from low cost no rules shitholes to here. What are you smoking?

Probably smoking the same stuff that you were smoking when Biden implemented tariffs.

 

[Edgetho]

Your Cult’s prediction of higher inflation turned out to be bullshit, IQ2.

dimocraps aren't just scum, they're stupid too. And not just stupid, ******* stoopid. Slack-Jawed, Drooling stoopid. Eyes glazed over stoopid.

They think Asphalt is a rectal disease. And fervently believe Ping Pong Balls is a Chinese STD.

Gullible and stoopid is a rough way to go through life.

 

[kyzr]

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.

The rich buy way more stuff than the poor dumbass.

 

[citygator]

The rich buy way more stuff than the poor dumbass.

Sigh. Sometimes you guys say stuff that reminds me how you can be duped by someone as dumb as Trump. This is one of those times.

If you give a million people $1,000 they will spend that billion dollars in a week or two generating lots of economic activity.

If you give one person a $1B they will save the vast majority of those dollars.

That was a simple example but you have to understand how ridiculous your statement is. No wonder you think Trump is a genius.