Barron’s: Tariff Revenue Isn’t Coming Close to Trump’s $3 Billion Daily Promise

President Donald Trump has said U.S. tariffs are bringing in $3 billion of revenue a day. He has suggested they could one day replace income taxes.

Thus far, the data from the U.S. Treasury Department’s daily statements tell a different story.

Since tariffs rates were raised to current levels on April 9, the U.S. has collected $14.7 billion in revenue from imports, a 135% jump over the same days in 2024, and up 83% versus the comparable March 2025 period.

That’s a daily average of $918 million, far less than Trump cited earlier this month.

And from that $918M daily subtract loss of tourism, other business losses, and any resulting unemployment. King Donald pretends to win; we little people lose, always.

https://www.msn.com/en-us/money/markets/tariff-revenue-isn-t-coming-close-to-trump-s-3-billion-daily-promise/ar-AA1DMkPg