US Customs & Border safety: Amassing $500 million below Pres. Trump's newest tariffs
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The US Customs and Border Safety instructed CNBC that the division has collected greater than $500 million below Pres. Trump’s newest tariffs. That’s woefully wanting the $2 billion per day that Pres. Trump repeatedly cites.
If true, how lengthy will it take for Pres. Trump to enact tariffs that really brings in $2B? (or tries too).
The issue is provides might by no means make it to port particularly from China. If no items are coming in, no tariffs could be collected.
If the tariffs usually are not working in hurting China, what hurts can be issues like chip exports into China.
These things can’t be good.
This text was written by Emma Wang at www.ubaidahsan.com.
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