Trump tariffs rake in billions: Where the money is headed
Government
President Donald Trump has been celebrating the record-breaking tariff revenue the U.S. government is collecting after his administration significantly raised taxes on nearly all imported goods. “We have a lot of money coming in, much more money than the country’s ever seen,” Trump recently said. According to the Treasury Department, the government collected nearly $30 billion in tariff revenue last month alone. However, with so much money pouring in, the question remains — where is it all
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