U.S. tariff revenue may exceed USD500 billion yearly

Name: U.S. tariff revenue may exceed USD500 billion yearly
Uploaded: 2025-08-27
Description: U.S. Treasury Secretary Scott Bessent said annual tariff revenues from Trump’s trade policies could surpass USD500 billion, with rising collections helping to offset a ballooning budget deficit caused by tax cuts and higher spending.

U.S. Treasury Secretary Scott Bessent said annual tariff revenues from Trump’s trade policies could surpass USD500 billion, with rising collections helping to offset a ballooning budget deficit caused by tax cuts and higher spending.

27/08/2025 14:10 MYT

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