{"id":51768,"date":"2025-08-04T12:39:53","date_gmt":"2025-08-04T12:39:53","guid":{"rendered":"https:\/\/sasquatchnewsonline.com\/?p=51768"},"modified":"2025-08-04T12:39:53","modified_gmt":"2025-08-04T12:39:53","slug":"nyt-admits-trumps-tariffs-are-generating-significant-federal-income-already-generated-150-billion-in-revenue","status":"publish","type":"post","link":"https:\/\/sasquatchnewsonline.com\/?p=51768","title":{"rendered":"NYT Admits Trump\u2019s Tariffs Are Generating \u2018Significant\u2019 Federal Income \u2014 Already Generated $150 Billion in Revenue"},"content":{"rendered":"

\"\"<\/p>\n

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Credit: X @WhiteHouse<\/figcaption><\/figure>\n

The New York Times<\/em> has admitted that President Trump\u2019s policy of tariffs is already generating a lot of income for the federal government.<\/p>\n

In an article published<\/a> on Sunday, the Times<\/em> acknowledged that the federal government may soon become dependent on this revenue because of the ballooning fiscal deficit.<\/p>\n

The Times explains:<\/p>\n

\n
<\/div>\n<\/div>\n
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President Trump\u2019s extensive tariffs have already started to generate a significant amount of money for the federal government, a new source of revenue for a heavily indebted nation that American policymakers may start to rely on.<\/p>\n

As part of his quest to reorder the global trading system, Mr. Trump has imposed steep tariffs on America\u2019s trading partners, with the bulk of those set to go into effect on Aug. 7.<\/p>\n

Even before the latest tariffs kick in, revenue from taxes collected on imported goods has grown dramatically so far this year.<\/p>\n

Customs duties, along with some excise taxes, generated $152 billion through July, roughly double the $78 billion netted over the same time period last fiscal year, according to Treasury data.<\/p>\n<\/blockquote>\n

\n

BREAKING Donald Trump brought in ANOTHER Record breaking month, July $29.6 billion in tariffs<\/p>\n

ABOLISH THE IRS. WE DON\u2019T NEED IT ANYMORE<\/p>\n

THIS IS HUGE pic.twitter.com\/8ISqp27Cce<\/a><\/p>\n

\u2014 MAGA Voice (@MAGAVoice) August 3, 2025<\/a><\/p>\n<\/blockquote>\n

Meanwhile, the far-left\u00a0Guardian\u00a0<\/em>newspaper has also conceded that the U.S. economy remains \u201csurprisingly resilient.\u201d<\/p>\n

The paper wrote in a recent editorial<\/a>:<\/p>\n

\n

The president\u2019s decision to hit US trading partners \u2013 including Canada, Brazil, India and Taiwan \u2013 with new tariffs after his self-imposed 1 August deadline certainly reignites a threat to the world economy.<\/p>\n

Dozens of countries have been left reeling, and US consumers are expected to pay a heavy price.<\/p>\n

However, there is a sense that things could have been worse. Nowhere more clearly is this reflected than on Wall Street: despite the chaos of the president\u2019s trade war, the stock market remains close to record levels.<\/p>\n

After the latest escalation on Friday, and some worrying US jobs numbers, share prices took a hit, sliding by about 1%. But this is a setback rather than a rout.<\/p>\n<\/blockquote>\n

As recently outlined in The Gateway Pundit, Trump\u2019s tariff policy has also led to a flurry of trade deals with countries that were previously taking advantage of America\u2019s low import tariffs while simultaneously charging U.S. companies to access their export markets.<\/p>\n

Among the countries who have already signed trade deals on more preferable terms include the United Kingdom, Japan and the European Union.<\/p>\n

\n

ECONOMISTS LIED ABOUT TRUMP\u2019S TARIFFS<\/a><\/p>\n<\/blockquote>\n

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The post NYT Admits Trump\u2019s Tariffs Are Generating \u2018Significant\u2019 Federal Income \u2014 Already Generated $150 Billion in Revenue<\/a> appeared first on The Gateway Pundit<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Credit: X @WhiteHouse The New York Times has admitted that President Trump\u2019s policy of tariffs is already generating<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-51768","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nNYT Admits Trump\u2019s Tariffs Are Generating \u2018Significant\u2019 Federal Income \u2014 Already Generated $150 Billion in Revenue - Sasquatch News Online<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sasquatchnewsonline.com\/?p=51768\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NYT Admits Trump\u2019s Tariffs Are Generating \u2018Significant\u2019 Federal Income \u2014 Already Generated $150 Billion in Revenue - 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