Trump said tariffs collections are ‘almost $2 billion a day.’ Trade experts are doubtful
From the Center
AllSides Media Bias Rating: Center
Before pausing country-by-country tariffs for 90 days, President Donald Trump repeatedly said tariffs were bringing in immense revenue.
At an April 8 executive order signing, Trump said, “We’re taking in almost $2 billion a day in tariffs. Two billion a day.”
He repeated the $2 billion figure during an April 8 speech to the National Republican Congressional Committee. Trump did not cite a source for the figure.
Check for Bias
The AI-powered AllSides Bias Checker instantly reveals the bias of a news article. Tap the button to use.
Related Coverage
AllSides Picks
Headline Roundup
Binance Works to Recover Billions After What May Be the Largest Hack in History
October 31st, 2026
Headline Roundup
DEA Federally Registers Over 900 Medical Marijuana Dispensaries
October 30th, 2026
Announcement
Why AllSides Uses the Term ‘Assisted Dying’ and Not ‘Assisted Suicide’
AllSides Staff
October 31st, 2026
The Insight
Four Issues Defining the 2026 Midterms
AllSides Staff
October 30th, 2026