Trump Expands on Dubious Daily Tariff Revenue Claim

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“No, there is absolutely no way we are collecting $2b per day in tariff revenue,” Gene M. Grossman, an economics and international affairs professor at Princeton University, told us.

“If you multiply all the announced tariffs by the volume of trade with each country, you could get close to $2b per day, mostly due to the tariffs on China,” he wrote in an email. “But that assumes that there will be no fall off in imports with China despite tariffs over 145%, which is a pretty ridiculous assumption.”

https://www.factcheck.org/2025/04/trump-expands-on-dubious-daily-tariff-revenue-claim/

 

And this isn't the only ridiculous aspect of his claim.