6 years ago
US reaps more than $1.4 billion from steel and aluminum tariffs
Trump has suggested revenue from tariffs could be used to reduce the federal deficit, which rose to $77 billion in July. In less than five months, the Trump administration has collected more than $1.4 billion in new revenue from steel and aluminum tariffs, according to a recent report prepared for members of Congress. The Congressional Research Service estimated that, between March 23 and July 16, the U.S. reaped $1.1 billion...
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