âU.S. TARIFF REVENUEâ
Video transcript
- Look how much we've been collecting in revenues. And I did this in part because Wilfred's here and he can talk about the UK trade deal. But just, this is the monthly numbers and they have gone up a lot. June is actually set for another big increase of 27 billion. That is money coming into US coffers from tariffs. We are collecting a lot of revenues. So far guys, $121 billion has flowed into the US government since the start of the fiscal year. It's still a tiny portion of the overall revenues that the US government gets, but it's increasingly a lot. Especially if we haven't seen it in terms of the consumer paying off higher inflation.
Transcribed automatically. Expect errors in names and numbers.