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need economic help with deficit and tariffs
Posted on 12/15/25 at 1:19 pm
Posted on 12/15/25 at 1:19 pm
Trump gave a speech and said the US took in 18 trillion in tariffs. If so, why not just pay back all of the loans and finance all the stuff we have to and make the deficit $0. According to deficit tracker the deficit is around $1.8 Trillion. Correct me where I'm wrong with what can be done with this "income"
Posted on 12/15/25 at 1:23 pm to TSS4LSU
Are we even tracking any data on this any longer? Where are the actual job reports?
Posted on 12/15/25 at 1:24 pm to TSS4LSU
quote:
Trump gave a speech and said the US took in 18 trillion in tariffs
I dont even think Trump is this wrong. Sounds like a type or a mishearing.
Posted on 12/15/25 at 1:24 pm to TSS4LSU
quote:
Trump gave a speech and said the US took in 18 trillion in tariffs.
Billion not trillion.
quote:
If so, why not just pay back all of the loans and finance all the stuff we have to and make the deficit $0. According to deficit tracker the deficit is around $1.8 Trillion. Correct me where I'm wrong with what can be done with this "income"
If Trump said 18 trillion he's wrong.
Posted on 12/15/25 at 1:25 pm to BigEasy92
quote:
Where are the actual job reports?
Guessing delayed because of the shut down
Or because they're not good
Posted on 12/15/25 at 1:26 pm to TSS4LSU
quote:
Trump gave a speech and said the US took in 18 trillion in tariffs.
He's FOS.
Posted on 12/15/25 at 1:33 pm to aTmTexas Dillo
IIRC, we collected around $200B in tariffs in 2025.
I would like to see that all go towards the deficit, but I can see why Trump is going to give some of it out in rebates. That is part of the cost of winning the mid-terms and it also illustrates for the masses just how much revenue the tariffs are generating.
Tariffs aren't going to pay off the deficit. Reducing increases in spending, along with a smoking hot economy are what is going to do it.
I would like to see that all go towards the deficit, but I can see why Trump is going to give some of it out in rebates. That is part of the cost of winning the mid-terms and it also illustrates for the masses just how much revenue the tariffs are generating.
Tariffs aren't going to pay off the deficit. Reducing increases in spending, along with a smoking hot economy are what is going to do it.
Posted on 12/15/25 at 2:24 pm to Jax-Tiger
he said trillion and even commented that he collected more so far this year than all of Binden's years. Maybe a misspeak.
Posted on 12/15/25 at 2:29 pm to TSS4LSU
Google says around 200 billion. He clearly misspoke or I misheard.
Posted on 12/15/25 at 2:54 pm to TSS4LSU
He said it several times. But probably similar to the 50M Americans he saved from drug overdose this year
Posted on 12/15/25 at 3:54 pm to atlantarebs
Its trending about 31 billion per month. I did read some reports that it will increase in coming months since some of the tariffs did not kick in til a few months ago and it takes time to sell off existing inventory.
Funny this past month it dropped 750 million (when they reduced tariffs on coffe, cocoa, bananas) and there were all these headlines "Trumps tariffs now falling".
He still has to finalize with India and Indonesia.
The 18 trilliion I have no idea where it came from.
Bidens best year was around 100 billion, but remember about half of that was the china tariffs trump put in. So to say he has collected (or been responsible for) more tariffs that bidens full term is accurate.
He also talks about the huge capital direct investment, it is smoking now that these deals have been completed, both foreign and domestic.
The economy is on a very very good track.
Funny this past month it dropped 750 million (when they reduced tariffs on coffe, cocoa, bananas) and there were all these headlines "Trumps tariffs now falling".
He still has to finalize with India and Indonesia.
The 18 trilliion I have no idea where it came from.
Bidens best year was around 100 billion, but remember about half of that was the china tariffs trump put in. So to say he has collected (or been responsible for) more tariffs that bidens full term is accurate.
He also talks about the huge capital direct investment, it is smoking now that these deals have been completed, both foreign and domestic.
The economy is on a very very good track.
Posted on 12/15/25 at 3:56 pm to TSS4LSU
quote:
He clearly misspoke or I misheard.
If he actually said "18 trillion", the media will be all over it. It ought to pop up on Google searches now.
Posted on 12/15/25 at 4:01 pm to ragincajun03
quote:
On Sunday, Trump revisited the $18 trillion claim while speaking to reporters at the White House. "Because of the tariffs, we've taken in more than 18—think of this—more than $18 trillion. There's never been anything like it," Trump said. Moments later, he repeated the claim, stating that "we took in more than $18 trillion in 10 months."
LINK
I think what he meant was maybe his tariff threats have influenced $18 trillion in new investment in the United States, not that $18 trillion in revenue has been collected.
quote:
President Donald Trump has often said that since he took office in January, the U.S. has received trillions of dollars in promises of investments, and the dollar amount he cites changes.
On his second day in office, Jan. 21, Trump said the U.S. had "already secured nearly $3 trillion of new investments."
By May 8, that figure rose to "close to $10 trillion." It eventually peaked Oct. 29 during a meeting with South Korean Prime Minister Kim Min-seok: "I think by the end of my first term, we should have $21 or $22 trillion dollars invested in the United States from other people and countries," Trump said.
Since then, Trump has reported varied investment figures:
On Nov. 27 and Dec. 2, he said they were worth nearly $20 trillion.
On Dec. 2, Dec. 3, Dec. 4 and Dec. 9, he said about $18 trillion, a figure he had first cited Oct. 10.
LINK
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