Trump signs 11 trade deals ahead of new tariff rollout
Description
The U.S. government brought in $30 billion from tariffs in July, a new monthly record that pushes total tariff collections for 2025 past $152 billion. That’s a 261% increase from March’s $8.2 billion, when President Donald Trump’s latest round of global trade duties began kicking in, according to Treasury Department data . This revenue spike comes right before a fresh batch of tariff rate changes goes live on Thursday, August 7. They were originally scheduled to begin on August 1, but Trump’s te...
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