Trump's tariffs are bringing in tens of billions of dollars a month. What's the government doing with all that money? [BNN Bloomberg (Canada)]
Procter & Gamble Company (The) (PG)
Last procter & gamble company (the) earnings: 4/17 07:00 am
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Source: BNN Bloomberg
“We have a lot of money coming in, much more money than the country's ever seen,” Trump said over the weekend, referring to tariff revenue. Trump's right: The US government collected nearly $30 billion in tariff revenue last month, according to the Treasury Department. That's a 242% jump in tariff revenue compared to last July. Since April, when the president began imposing a 10% tariff across nearly all goods, among several other steeper levies that followed, the government collected a total of $100 billion in tariff revenue, three times the amount collected during the same four months last year. So what exactly is the government doing with all this money? Trump has floated a combination of two options: paying down the government's multi-trillion debt and sending “tariff rebate checks” to Americans. “The purpose of what I'm doing is primarily to pay down debt, which will happen in very large quantity,” Trump said Tuesday. “But I think there's also a possibility that we're
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Sec Filings
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- 12/10/25 - Form 4
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