Trump tariff revenues for US

 Federalist Wire:

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President Donald Trump’s economic strategies are delivering remarkable results, driving historic gains in tariff revenues, blue-collar wages, and capital investments, according to what a senior Treasury official detailed to the New York Post. These achievements, dubbed the “ABCs”, are otherwise known as “America First” trade, a “Blue-Collar Boom,” and a “Capital Expenditures Comeback.” They are reshaping the economic landscape and challenging critics who doubted the president’s tax-and-tariff policies.

In a recent interview with the New York Post, Joe Lavorgna, counselor to Treasury Secretary Scott Bessent, highlighted the unprecedented success of Trump’s tariff policies. Fiscal year 2025 saw Treasury revenues from tariffs soar to a record-breaking $200 billion. Revenue is like to be “more than $300 billion” by year’s end.

A new trade deal with Japan, finalized this month, further bolsters these figures, signaling robust confidence in Trump’s trade agenda. The deal also includes a commitment of $550 billion in U.S.-based investments, reinforcing the strategy’s impact.

The economic policies are also fueling a “Blue-Collar Boom,” with real wage growth for workers reaching 1.7% since Trump started his second term. As Treasury Secretary Scott Bessent noted on “Pod Force One” with New York Post columnist Miranda Devine, this marks the highest wage growth for any administration since at least Richard Nixon’s era.

Lavorgna emphasized the significance of this growth for workers who form “the backbone of the market.” He described them as “laborers … that are punching a time check when they come into work,” some without college degrees, who are now seeing tangible improvements in their paychecks.

Capital expenditures are experiencing a remarkable rise, with a 16.6% surge in the first half of 2025. Excluding the post-COVID recovery period, it’s the biggest gain within a two-quarter period since 1997.

Business equipment production also saw significant increases, jumping 23% in the first quarter and 11% (annualized) in the second quarter.
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Trump's tariffs and economic polices appear to be generating income to the treasury on a scale previously not seen.  It is being done without increasing US income taxes.  In fact, they may result in lowering income taxes for people living paycheck to paycheck.

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