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Trump's trade war boosted federal revenue by $68.9B, but led to higher inflation, slower growth, and job losses.
Trump's trade war has boosted federal revenue by $68.9 billion in the first five months of the year, a 78% increase.
However, the tariffs are paid by U.S. importers and ultimately passed on to consumers, not foreign governments.
While this could reduce the federal debt by $2.8 trillion over a decade, it comes with higher inflation and slower economic growth.
The manufacturing sector has already lost 8,000 jobs, and businesses like wine importers face cash flow issues and uncertainty.
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La guerra comercial de Trump aumentó los ingresos federales en $68.9B, pero condujo a una mayor inflación, un crecimiento más lento y pérdidas de empleos.