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Trump's claim of $18 trillion in tariff revenue is false; actual revenue is $236 billion, with projections of $2.3 trillion over ten years.
President Donald Trump's claim that tariffs generated $18 trillion in revenue is factually impossible, as federal data shows only $236 billion in tariff revenue through November 2025, with projections of about $2.3 trillion over the next decade.
His assertion likely confuses tariff revenue with private investment pledges totaling $9.6 trillion, which are not government income and may not materialize.
Trump has promised to use tariff funds for major initiatives like $2,000 dividend checks and tax cuts, but experts say the revenue is insufficient, with individual income taxes far exceeding tariff receipts.
A potential Supreme Court ruling could also require refunds of up to $100 billion, further undermining the feasibility of his plans.
La afirmación de Trump de $18 trillones en ingresos arancelarios es falsa; los ingresos reales son de $236 mil millones, con proyecciones de $2.3 trillones en diez años.