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Trump says the Treasury is taking in ‘MANY billions of dollars’ from the tariffs on China. The only problem is that US companies are payin...
President Donald Trump praised the billions of dollars in tariff revenue from the China trade war, but omitted that American businesses are paying the costs.
Republicans claimed that the new Tax Cuts and Jobs Act would pay for itself or even decrease the federal deficit. But based on new numbers from the Treasury Department, that doesn't appear to be happening.