WASHINGTON (Reuters) -U.S. President Donald Trump stated on Tuesday the USA is taking in $2 billion per day from tariffs.
He made the remark with out offering particulars throughout an occasion on the White Home.
Trump has imposed an array of tariffs on different international locations since taking workplace in January.
The Treasury Division’s every day assertion of deposits into and withdrawals from the its basic account, the federal authorities’s principal working account, exhibits “Customs and Sure Excise Taxes” deposits have on common totaled round $200 million a day to date this month.
For your complete month of February, the most recent full month obtainable, the Treasury netted about $7.25 billion in customs duties. The month-to-month funds assertion for March will probably be launched on Thursday, which can present the most recent month-to-month figures.
(Reporting by Trevor Hunnicutt; writing by Jasper Ward; enhancing by Chris Reese)
Source link