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Wow! Besant revealed that in just the past few months, the United States has generated over $100 billion in revenue from tariffs imposed on other countries.
This is a huge number.
Treasury Secretary Scott Bessenet unveiled shocking numbers today at the Trump Cabinet meeting.
He detailed the tariff revenue to date:
"So far this year, our tariff revenue is about $100 billion. This does not include tariffs - the main tariffs will not start being collected until the second quarter."
"Therefore, we expect that by the end of this year, tariff revenue may far exceed 300 billion dollars."
Looking to the future?
"We do not agree with the scoring standards of the Congressional Budget Office (CBO). However, for those who do agree, the CBO's score for tariff revenue over the next 10 years is $2.8 trillion, which we believe may be on the low side."