US GDP grows at 3% Trump wins againGDP is growing at 3%

[jc456]

The best and most accomplished economists can't tell you where the economy will be in three months, once the tariffs have fully worked their way through the system. But hardcore partisan ideologues can.



We might be fine. Guesses are just guesses.

but three months in it ain't where any demofk said, right? success is what demofks can't have.

 

[Nostra]

Thats a ridiculous, stupid lie.

Inflation was already 2.x% when Biden was leaving office.

If you are going to stupidly blame Biden for global post-Covid inflation phenomenon then man up, stick to your stupid standard and consistently give him credit for also fixing global inflation.

Lies.’

1.6% when Tater took office.

3% when he left.

2.7% now.

 

[Nostra]

Inflation is down?
Nope

Lies.

3% when Trump took office.

2.7% now.

You suck at math.

 

[jc456]

Thats a ridiculous, stupid lie.

Inflation was already 2.x% when Biden was leaving office.

If you are going to stupidly blame Biden for global post-Covid inflation phenomenon then man up, stick to your stupid standard and consistently give him credit for also fixing global inflation.

post the inflation numbers on january 21 2021. Show us this inflation. ready go!!

 

[Nostra]

Consumer spending is GDP health... the import/export is being impacted by the tariff craziness which is why we had a GDP crash last quarter without being too bad - it was import related. We are screwed with this anemic lack of growth.

Crashed because of tariffs before there were tariffs.

You are a complete idiot.

 

[jc456]

Consumer spending is GDP health... the import/export is being impacted by the tariff craziness which is why we had a GDP crash last quarter without being too bad - it was import related. We are screwed with this anemic lack of growth.

So the tariffs worked?

 

[AntonToo]

Based on the information available as of July 30, 2025:

• The U.S. federal government has collected approximately $100 billion in tariffs so far in 2025 (through July 11), according to the Penn-Wharton Budget Model.
• This represents a significant increase compared to the same period in 2024, when less than $48 billion was collecte
• Extrapolate 100 billion to the end of the year with more countries paying them and you have 200-300 billion times 4 years. Thats almost the entire deficit.

You should provide source when quoting.


So it's $100B vs 48B YTD which is 2:1 ratio.

Total 2024 was ~100B. Assuming same ratio, that means 200B in 2025.

Of that 200B, 100B is assumed baseline and 100B is additional tariffs from Trump policy change.

So estimated policy effect is not +300B/y, it's +100B.



Total budget deficit just for 2025 is 1.9 trillion, so we are talking about something like 7 trillion deficits over 4 years.

The Budget and Economic Outlook: 2025 to 2035

By the NumbersThe Budget Outlook, by Fiscal YearNotesSee Appendix B.

www.cbo.gov

So these additional tariff revenue would be estimated to make up only about 5% of budget deficit.

 

[Hafar1014]

You should provide source when quoting.


So it's $100B vs 48B YTD which is 2:1 ratio.

Total 2024 was ~100B. Assuming same ratio, that means 200B in 2025.

Of that 200B, 100B is assumed baseline and 100B is additional tariffs from Trump policy change.


So estimated policy effect is not +300B/y, it's +100B

Go look it up its common knowledge

 

[Marener]

Go look it up its common knowledge

MAGA math means just naming numbers up.

 

[Mac1958]

From what Powell said, it looks like they figure they'll need to start dropping rates very soon. Hopefully inflation won't pick up much more in the meantime. Bad combo.

 

[AntonToo]

Go look it up its common knowledge

Basic math is not subject to opinion.

As I've shown, what you've brought up so far does not support your claims of 300B additional revenues.

Maybe you have some other sources, if so simply post them.

 

[Hafar1014]

MAGA math means just naming numbers up.

As President Donald Trump enters the final days before his global trade deadline, tariff revenues have climbed to a record $150 billion so far this year.

July tariff revenues break monthly record, with $150B collected so far in 2025

The U.S. collected nearly $28 billion in customs duties in July, the highest monthly total so far this year.

www.foxbusiness.com

https://www.axios.com/2025/06/30/trump-tariffs-customs-revenue

Scoop: Trump admin customs revenue tops $100 billion, boosted by tariffs​

• Dan Primack

 

[jc456]

You should provide source when quoting.


So it's $100B vs 48B YTD which is 2:1 ratio.

Total 2024 was ~100B. Assuming same ratio, that means 200B in 2025.

Of that 200B, 100B is assumed baseline and 100B is additional tariffs from Trump policy change.

So estimated policy effect is not +300B/y, it's +100B.



Total budget deficit just for 2025 is 1.9 trillion, so we are talking about something like 7 trillion deficits over 4 years.

The Budget and Economic Outlook: 2025 to 2035

By the NumbersThe Budget Outlook, by Fiscal YearNotesSee Appendix B.

www.cbo.gov

So these additional tariff revenue would be estimated to make up only about 5% of budget deficit.

US Customs Tariff 2025 | Tariff Statistics & Facts

Customs Tariff in the United States 2025 The United States customs tariff system underwent significant transformations in 2025, marking one of the most dynamic periods in modern trade policy. U.S. Customs and Border Protection (CBP) successfully implemented 13 tariff-related presidential…

www.theglobalstatistics.com

In 2025, U.S. customs tariffs played a major role in revenue generation and trade policy enforcement. Customs authorities collected over $200 million per day from additional tariffs, contributing to a historic milestone of over $100 billion in customs duties within a single fiscal year. This surge in revenue, particularly a 78% increase in tariff collections by June 2025, reflects an aggressive trade stance by the federal government. A total of 13 tariff-related presidential executive orders were implemented by March 2025, targeting strategic sectors and geopolitical interests. These actions significantly impacted trade relationships with four major economies—China, Hong Kong, Mexico, and Canada—resulting in changes to tariff structures and compliance procedures.

The total value of imports processed by U.S. customs reached $1.89 trillion through March 2025,

 

[AntonToo]

Scoop: Trump admin customs revenue tops $100 billion, boosted by tariffs​

Do you understand what "boosted by tariffs" means?

It means that only part of the $100B is due to Trump's rate changes.

Budget Deficit for 2025 is 1.9 Trillion dollars.

 

[Marener]

As President Donald Trump enters the final days before his global trade deadline, tariff revenues have climbed to a record $150 billion so far this year.

July tariff revenues break monthly record, with $150B collected so far in 2025

The U.S. collected nearly $28 billion in customs duties in July, the highest monthly total so far this year.

www.foxbusiness.com

https://www.axios.com/2025/06/30/trump-tariffs-customs-revenue

Scoop: Trump admin customs revenue tops $100 billion, boosted by tariffs​

• Dan Primack

That’s nice. It doesn’t come anywhere close to the size of the deficit, especially after Trump passed his bill to widen it further.

 

[Fort Fun Indiana]

GDP is growing at 3% inflation is down tariffs are a good thing

1.25% for the year.

Pathetic.

 

[SeaMajor7]

That’s nice. It doesn’t come anywhere close to the size of the deficit, especially after Trump passed his bill to widen it further.

Moving those goal posts.....

 

[Fort Fun Indiana]

From what Powell said, it looks like they figure they'll need to start dropping rates very soon. Hopefully inflation won't pick up much more in the meantime. Bad combo.

Except it will be stagflation.

Even worse.

 

[jc456]

Do you understand what "boosted by tariffs" means?

It means that only part of the $100B is due to Trump's rate changes.

Budget Deficit for 2025 is 1.9 Trillion dollars.

The Current Federal Deficit and Debt

See the latest numbers on the national deficit for this fiscal year and how it compares to previous years.

www.pgpf.org

 

[jc456]

That’s nice. It doesn’t come anywhere close to the size of the deficit, especially after Trump passed his bill to widen it further.

The Current Federal Deficit and Debt

See the latest numbers on the national deficit for this fiscal year and how it compares to previous years.

www.pgpf.org