US Takes In More Than $100 Billion In New Revenue Thanks To Trump's Tariffs

[phillyflyers]

Trump's cascade of tariff orders since returning to the White House has begun generating tens of billions of dollars a month in new revenue for the U.S. government. U.S. customs duties revenue shot past $100 billion in the federal fiscal year through to June, according to U.S. Treasury data on Friday.

https://www.reuters.com/business/trump-announces-30-tariffs-eu-2025-07-12/

 

[betbrotha]

that brother gots us breaking records. Gang in Canada and Europe need to get with program they will fucked we and china and Putin hook up as a trio us three running all this shit.

 

[jjgold]

He’s a winner

 

[Brock Landers]

WTF
That bullshit is paid by US CITIZENS you fucking idiot

 

[fishhead]

Donald said the USA would be winning so much that just when you think can't win more, we will.

PROMISES MADE, PROMISES KEPT

Man, great times in the USA..............welcome to the GOLDEN AGE folks!

 

[Brock Landers]

Donald said the USA would be winning so much that just when you think can't win more, we will.

PROMISES MADE, PROMISES KEPT

Man, great times in the USA..............welcome to the GOLDEN AGE folks!

Explain to me, fucktard, how US citizens paying higher prices because of his bullshit is a good thing

I'll hang up and listen

 

[MinnesotaFats]

Explain to me, fucktard, how US citizens paying higher prices because of his bullshit is a good thing

I'll hang up and listen

We're not paying higher prices.

Only things that are imported are subject to the tariffs, and their domestic counterparts are not, which sets the baseline price. Your Heineken price hasn't gone because it'd kill sales.

CPI is only up 1/10 of 1% despite the 10% across the board tariffs.

The media is lying to you if they are citing rising prices.

 

[fishhead]

Inflation dropping like a rock.

Thx again Don

 

[djefferis]

We're not paying higher prices.

Only things that are imported are subject to the tariffs, and their domestic counterparts are not, which sets the baseline price. Your Heineken price hasn't gone because it'd kill sales.

CPI is only up 1/10 of 1% despite the 10% across the board tariffs.

The media is lying to you if they are citing rising prices.

And that’s looking at only part of the equation.

USA slaps a 30% tariff on goods - collects $$ and your absolutely right that US consumers can source goods from domestic manufacturers cheaper (or more likely - US manufacturers raise prices - but keep their goods just below the price of imported counterparts and reap higher profits).

BUT what happens to those domestic manufacturers who rely on the export market for their goods. Let’s take something simple like liquor. The USA imports mainly from Mexico - who buys very little of our Bourbon for example - of course few “domestic” producers of quality tequila - so either you get domestic consumers to change to our whiskey’s or they pay the price.

Likewise - we sell little bourbon to Mexico so the fact it’s now 30% higher because of their reciprocal tariffs means little to us there - but in the other 99% of the world where we send this stuff too (like Europe) - it’s going to kill our companies. Either they find a way to offset sales losses abroad domestically or they are net losers in the tariff wars. Worse - you will have countries like Canada taking advantage of our tariffs abroad and pushing their similar goods.

It’s not quite as simple as some people would have you believe - and anyone who thinks the US Government is suddenly going to give those freshly gotten gains back to the common citizen seriously needs to review American history.

 

[MinnesotaFats]

And that’s looking at only part of the equation.

USA slaps a 30% tariff on goods - collects $$ and your absolutely right that US consumers can source goods from domestic manufacturers cheaper (or more likely - US manufacturers raise prices - but keep their goods just below the price of imported counterparts and reap higher profits).

BUT what happens to those domestic manufacturers who rely on the export market for their goods. Let’s take something simple like liquor. The USA imports mainly from Mexico - who buys very little of our Bourbon for example - of course few “domestic” producers of quality tequila - so either you get domestic consumers to change to our whiskey’s or they pay the price.

Likewise - we sell little bourbon to Mexico so the fact it’s now 30% higher because of their reciprocal tariffs means little to us there - but in the other 99% of the world where we send this stuff too (like Europe) - it’s going to kill our companies. Either they find a way to offset sales losses abroad domestically or they are net losers in the tariff wars. Worse - you will have countries like Canada taking advantage of our tariffs abroad and pushing their similar goods.

It’s not quite as simple as some people would have you believe - and anyone who thinks the US Government is suddenly going to give those freshly gotten gains back to the common citizen seriously needs to review American history.

Well stated...but I believe the idea of tariffs has a bigger picture goal. Jobs for working class men going forward.

We are very close to having no jobs for young non college men. 1 maybe 2 generations away. If tariffs result in 10-15m mfg/ wholesaling jobs over 20 years then that's a huge win.

 

[djefferis]

Agreed - that’s the goal. But 2 things:

- tariffs wont accomplish this overnight, it takes years to build factories and even longer to build a completely intergrated supply chain. To build things like autos in America primarily - we need to build the components here first.
- there are plenty of jobs for non college educated men in the US. Good paying ones too - my job now pays 6 figures. I went to community college - but not for my job. Learned the skill completely as part of working in the industry. Plenty of technical jobs out there too to be had - problem is you have a generation who wants to be TikTok stars, game designers or programmers- they thought THOSE jobs were easy and well paying. Turns out the traditional roles of working with your hands AND brain remains the best bet. Construction pays shit - but construction manager pays well. Learn the skill and then learn to manage those who cannot lead. Similarly - things like being a problem solver for big companies pays very well. A basic custodian who can do a little bit of everything makes 50k+ these days - a master problem solver who can handle heavy industrial equipment when it breaks down makes 3x that in many cases and can set their own hours.

That’s how I got to where I am - my job isn’t hard, and 30 years ago there were plenty of people doing what I do. I just got caught up in a sandwich generation - the guys before me are all 65+ and retired and the generation after me had no interest in doing boring shit like I do. Suddenly I was a rarity - a guy who can save a company $$ and is in short supply. Between 2015 and today my salary went from 45k to 115k because I wasn’t afraid to take opportunities and maximize my opportunities.