Bessent: U.S. tariff revenue could top $500B annually, slash deficit

U.S. Treasury Secretary Scott Bessent has stated that customs duty revenues from President Donald Trump's tariffs may be more than $500 billion a year.

Aug 27, 2025 - 14:00
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Bessent: U.S. tariff revenue could top $500B annually, slash deficit
U.S. Treasury Secretary Scott Bessent has stated that customs duty revenues from President Donald Trump's tariffs may be more than $500 billion a year.

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