U.S. Budget Deficit Soars 20% Despite Trump-Era Tariff Revenues—Why the Numbers Don’t Add Up
Despite record tariff income under President Trump, the U.S. budget deficit surged 20% this July, exposing fundamental flaws in Washington’s fiscal approach that threaten American economic security.
As the federal government rakes in unprecedented tariff revenues—thanks to the policies championed by President Donald Trump—the nation’s budget deficit has paradoxically ballooned by 20% this fiscal year compared to last July. This unsettling reality forces a critical question: how can increased customs income coincide with an expanding deficit?Are Tariffs Alone Enough to Secure America’s Fiscal Future?The Treasury Department reported a staggering 273% increase in customs revenue over last year, translating into an extra $21 billion for U.S. coffers. On paper, this looks like a major win for an "America First" trade agenda focused on reclaiming economic sovereignty and revitalizing...
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