Fact Check: Us is getting 2 billion dollars per day from tarrifs

Fact Check: Us is getting 2 billion dollars per day from tarrifs

Published April 9, 2025
by TruthOrFake
VERDICT
False

# Claim Analysis: "US is getting 2 billion dollars per day from tariffs" ## Introduction The claim that the United States is collecting $2 billion pe...

Claim Analysis: "US is getting 2 billion dollars per day from tariffs"

Introduction

The claim that the United States is collecting $2 billion per day in tariff revenue has recently been made public by former President Donald Trump. This assertion raises questions about the accuracy of the figure, the context in which it was presented, and the broader implications for U.S. trade policy.

What We Know

  1. Tariff Revenue Overview: According to the U.S. Customs and Border Protection (CBP), tariffs are a significant source of revenue for the federal government, but the total amount collected can vary widely based on trade volumes and tariff rates applied to different goods 14.

  2. Recent Tariff Data: A report from the Congressional Budget Office (CBO) indicates that in 2023, the U.S. imported approximately $3.8 trillion worth of goods and services, with tariffs applied to these imports 5. However, the specific daily revenue from tariffs is not explicitly detailed in this report.

  3. Estimates of Tariff Revenue: The Tax Policy Center notes that tariff revenue has historically not exceeded 3% of total federal revenue for the past 70 years, suggesting that while tariffs contribute to federal income, they do not account for a substantial portion of overall revenue 9.

  4. Trump's Statement: Trump's claim of $2 billion per day in tariff revenue lacks detailed substantiation. The context of his statement does not provide a breakdown of how this figure was calculated or what specific tariffs were included 6.

  5. Current Tariff Rates: As of early 2025, the U.S. has imposed various tariffs, including significant rates on imports from China. However, estimates of total revenue from these tariffs over time suggest a much lower daily average than $2 billion 7.

Analysis

The claim that the U.S. is generating $2 billion per day from tariffs warrants a critical examination of the data and sources involved:

  • Source Reliability: Trump's assertion comes from a live statement without accompanying data or references, which raises questions about its reliability. In contrast, CBP and CBO reports are based on comprehensive data collection and analysis, making them more credible sources for understanding tariff revenue 15.

  • Methodology Concerns: The methodology behind calculating daily tariff revenue is not clear from Trump's statement. For example, if the total annual tariff revenue were to be divided evenly across 365 days, it would require a total annual revenue of approximately $730 billion, a figure that does not align with historical data on U.S. tariff collections.

  • Conflicting Information: Other sources, such as the Committee for a Responsible Federal Budget, estimate that Trump's tariffs could raise around $20 billion in revenue for the remainder of 2025, which translates to significantly less than $2 billion per day 7. This discrepancy highlights the need for clarity and verification.

  • Contextual Factors: Tariff revenue is influenced by various factors, including trade volumes, economic conditions, and international trade agreements. The current geopolitical climate, including trade tensions with China, can also affect these figures.

Conclusion

Verdict: False

The claim that the United States is collecting $2 billion per day in tariff revenue is false. The evidence indicates that while tariffs do contribute to federal revenue, the actual figures are significantly lower than the claim suggests. For instance, estimates from credible sources, including the Congressional Budget Office and the Committee for a Responsible Federal Budget, indicate that total tariff revenue is far below the $730 billion annual figure that would be required to support Trump's assertion.

It is important to note that the calculation of tariff revenue can be complex and is influenced by various factors, including trade volumes and economic conditions. The lack of transparency in the methodology behind Trump's statement further undermines its credibility.

However, it is essential to acknowledge the limitations in the available evidence. The figures discussed are estimates and can fluctuate based on changing trade policies and economic conditions. Readers are encouraged to critically evaluate information and consider the context and sources behind claims, especially those that appear to be exaggerated or lack substantiation.

Sources

  1. U.S. Customs and Border Protection. "Trade Statistics." CBP Trade Statistics
  2. The White House. "Fact Sheet: President Donald J. Trump Declares National Emergency." White House Fact Sheet
  3. Yale Budget Lab. "Where We Stand: The Fiscal, Economic, and Distributional Effects of All U.S. Tariffs." Yale Budget Lab
  4. U.S. Customs and Border Protection. "FY 2023 CBP Trade Fact Sheet." CBP Trade Fact Sheet
  5. Congressional Budget Office. "How CBO Projects Tariff Revenues." CBO Tariff Revenue PDF
  6. Reuters. "Trump Tariffs Live: 104% US Duties on Some China Imports." Reuters
  7. Committee for a Responsible Federal Budget. "How Much Revenue Will Trump's Tariffs Raise?" CRFB Blog
  8. Statista. "U.S. Tariffs - Statistics & Facts." Statista
  9. Tax Policy Center. "Tariffs, Trade, China, and the States." Tax Policy Center PDF
  10. CNBC. "Trump Sets 90% Tariff Rate on Packages from China." CNBC

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Detailed fact-check analysis of: By quarterbacking Israel’s attack on Iran, Trump brought an end to a particularly demoralizing era in U.S. history The main reason Israel’s massive attack on Iranian leadership, nuclear facilities, and other targets came as a surprise is that no one believes American presidents when they talk about protecting Americans and advancing our interests—especially when they’re talking about the Islamic Republic of Iran. Ever since the 1979 Iranian Revolution, U.S. presidents have wanted an accommodation with Iran—not revenge for holding 52 Americans captive for 444 days, but comity. Ronald Reagan told Soviet leader Mikhail Gorbachev to tear down the Berlin Wall, but when the Iranians’ Lebanese ally Hezbollah killed 17 Americans at the U.S. embassy in Beirut and 241 at the Marine barracks in 1983, he flinched. Bill Clinton wanted a deal with Iran so badly, he helped hide the Iranians’ sponsorship of the group that killed 19 airmen at Khobar Towers in 1996. George W. Bush turned a blind eye to Tehran’s depredations as Shia militias backed by Iran killed hundreds of U.S. troops in Iraq, while Iran’s Syrian ally Bashar al-Assad chartered buses to transport Sunni fighters from the Damascus airport to the Iraqi border, where they joined the hunt for Americans. Barack Obama’s signature foreign policy initiative was the Iran nuclear deal—designed not, as he promised, to stop Tehran’s nuclear weapons program, but to legalize it and protect it under the umbrella of an international agreement, backed by the United States. That all changed with Donald Trump. At last, an American president kept his word. He was very clear about it even before his second term started: Iran can’t have a bomb. Trump wanted it to go peacefully, but he warned that if the Iranians didn’t agree to dismantle their program entirely, they’d be bombed. Maybe Israel would do it, maybe the United States, maybe both, but in any case, they’d be bombed. Trump gave them 60 days to decide, and on day 61, Israel unleashed Operation Rising Lion. Until this morning, when Trump posted on Truth Social to take credit for the raid, there was some confusion about the administration’s involvement. As the operation began, Secretary of State Marco Rubio released a statement claiming that it was solely an Israeli show without any American participation. But even if details about intelligence sharing and other aspects of Israeli-U.S. coordination were hazy, the statement was obviously misleading: The entire operation was keyed to Trump. Without him, the attack wouldn’t have happened as it did, or maybe not at all. Trump spent two months neutralizing the Iranians without them realizing he was drawing them into the briar patch. Iranian diplomats pride themselves on their negotiating skills. Generations of U.S. diplomats have marveled at the Iranians’ ability to wipe the floor with them: It’s a cultural thing—ever try to bargain with a carpet merchant in Tehran? And Trump also praised them repeatedly for their talents—very good negotiators! The Iranians were in their sweet spot and must have imagined they could negotiate until Trump gave in to their demands or left office. But Trump was the trickster. He tied them down for two months, time that he gave to the Israelis to make sure they had everything in order. There’s already lots of talk about Trump’s deception campaign, and in the days and weeks to come, we’ll have more insight into which statements were real and which were faked and which journalists were used, without them knowing it, to print fake news to ensure the operation’s success. One Tablet colleague says it’s the most impressive operational feint since the Normandy invasion. Maybe even more impressive. A few weeks ago, a colleague told me of a brief conversation with a very senior Israeli official who said that Jerusalem and Washington see eye to eye on Gaza and left it at that. As my colleague saw it, and was meant to see it, this was not good news insofar as it suggested a big gap between the two powers on Iran. The deception campaign was so tight, it meant misleading friends casually. It’s now clear that the insanely dense communications environment—including foreign actors like the Iranians themselves, anti-Bibi Israeli journalists, the Gulf states, and the Europeans—served the purpose of the deception campaign. But most significant was the domestic component. Did the Iranians believe reports that the pro-Israel camp was losing influence with Trump and that the “restraintists” were on the rise? Did Iran lobbyist Trita Parsi tell officials in Tehran that his colleagues from the Quincy Institute and other Koch-funded policy experts who were working in the administration had it in the bag? Don’t worry about the neocons—my guys are steering things in a good way. It seems that, like the Iranians, the Koch network got caught in its own echo chamber. Will Rising Lion really split MAGA, as some MAGA influencers are warning? Polls say no. According to a recent Rasmussen poll, 84 percent of likely voters believe Iran cannot have a bomb. Only 9 percent disagree. More Americans think it’s OK for men to play in women’s sports, 21 percent, than those who think Iran should have a bomb. According to the Rasmussen poll, 57 percent favor military action to stop Iran from getting nukes—which means there are Kamala Harris voters, 50 percent of them, along with 73 percent of Trump’s base, who are fine with bombing Iran to stop the mullahs’ nuclear weapons program. A Harvard/Harris poll shows 60 percent support for Israel “to take out Iran’s nuclear weapons program,” with 78 percent support among Republicans. Who thinks it’s reasonable for Iran to have a bomb? In a lengthy X post attacking Mark Levin and others who think an Iranian bomb is bad for America, Tucker Carlson made the case for the Iranian bomb. Iran, he wrote, “knows it’s unwise to give up its weapons program entirely. Muammar Gaddafi tried that and wound up sodomized with a bayonet. As soon as Gaddafi disarmed, NATO killed him. Iran’s leaders saw that happen. They learned the obvious lesson.” The Iranians definitely want a bomb to defend themselves against the United States—NATO, if you prefer—but that’s hardly America First. The threat that an Iranian bomb poses to the United States isn’t really that the Iranians will launch missiles at U.S. cities—not yet, anyway—but that it gives the regime a nuclear shield. It’s bad for America if a nuclear Iran closes down the Straits of Hormuz to set the price for global energy markets. It’s bad for America if a nuclear Iran wages terror attacks on American soil, as it has plotted to kill Trump. An Iranian bomb forces American policymakers, including Trump, to reconfigure policies and priorities to suit the interests of a terror state. It’s fair to argue that your country shouldn’t attack Iran to prevent it from getting a bomb, but reasoning that a terror state that has been killing Americans for nearly half a century needs the bomb to protect itself from the country you live in is nuts. Maybe some Trump supporters are angry and confused because Trump was advertised as the peace candidate. But “no new wars” is a slogan, not a policy. The purpose of U.S. policy is to advance America’s peace and prosperity, and Trump was chosen to change the course of American leadership habituated to confusing U.S. interests with everyone else’s. 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