Fact check: are US tariffs really bringing in $2bn a day as Trump claims?
by Richard Partington Senior economics correspondent from US news | The Guardian on (#6WGN6)
US president may have used some hypothetical maths but chances are slim that such sums are being raised
Donald Trump has defended his tariffs by arguing that they are already raking in almost $2bn (1.6bn) a day for the US.
Speaking after more than $5tn of losses on the US stock market since his liberation day" announcement last week, he made the claim on Tuesday, adding: America is going to be very rich again, very soon."
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