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U.S. tariff revenue is $100 billion below projections due to lower imports, trade shifts, and tech exemptions.
U.S. tariff revenues are $100 billion below projections, with collections at $400 billion annually, due to lower import volumes, trade rerouting—especially from China to Vietnam—and increased tariff-exempt imports of AI-related goods.
The average effective tariff rate is 12%, well below expected levels, driven by compliance with USMCA, reduced Chinese trade, and exemptions for critical technology.
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Los ingresos arancelarios de EE.UU. son $ 100 mil millones por debajo de las proyecciones debido a las importaciones más bajas, los cambios comerciales y las exenciones tecnológicas.