"Money Is Pouring In" Trump Boasts Tariff Revenue but Is $2 Billion A Day Even Real?
Video Credit: Oneindia - Duration: 03:04s - Published
"Money Is Pouring In" Trump Boasts Tariff Revenue but Is $2 Billion A Day Even Real?
President Trump claims tariffs are bringing in $2 billion a day to the U.S. Treasury, calling it a "huge win" for America.
Speaking at a White House event, he boasted that countries are lining up to cut deals.
However, no data supports his staggering figure—Treasury records show an average of just $200 million per day.
Critics and analysts remain skeptical, pointing to exaggerated numbers and rising consumer costs.
As the trade war escalates, economic uncertainty looms and Americans may be the ones paying the price.
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European leaders ready to support trilateral meeting between US, Ukraine and Russia
European leaders issued a statement after being debriefed by US President Donald Trump on his meeting with his Russian counterpart Vladimir Putin. They said they are ready to work towards a trilateral meeting, insisting on "ironclad security guarantees" for Ukraine.
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Zelenskyy announces White House meeting with Trump to take place on Monday
Zelenskyy says he accepted Trump’s invitation of a face-to-face meeting in the Oval Office on Monday to explore ways to bring the fighting in his country to an end.
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Sir Keir Starmer is straining his diplomatic sinews to simultaneously praise Donald Trump's efforts to end the war in Ukraine, while repeating calls for a.. Sky News
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The United States has temporarily lifted certain sanctions on Russian transactions to facilitate historic peace talks in Alaska between President Donald Trump and Russian President Vladimir Putin on Aug. 15. The move, authorized by the U.S. Treasury’s Office of Foreign Assets Control, allows specific transactions otherwise banned under Russia-related sanctions—strictly for organizing the summit.
Ukrainian President Volodymyr Zelensky may join follow-up discussions, with Trump expected to push Putin toward a Ukraine ceasefire. Reports suggest Trump will offer an economic package including access to Alaska’s natural resources, easing aviation sanctions, and rare earth mineral rights in occupied Ukrainian territories. The temporary authorization expires Aug. 20, with the White House calling the meeting a “listening exercise” and a potential breakthrough.
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President Donald Trump spoke with Belarus leader Alexander Lukashenko on Friday, just hours before his Alaska summit with Russian President Vladimir Putin. Calling the discussion “wonderful,” Trump thanked Lukashenko for releasing 16 political prisoners and explored a deal for freeing 1,300 more. This was their first call since Trump’s White House return. They discussed the Ukraine war, bilateral ties, and Putin’s visit. Belarus, a staunch Putin ally, has allowed Russian troops to operate from its territory since the 2022 invasion of Ukraine.
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