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Donald Trump claims his tariffs are generating nearly $2 billion daily for the US. This assertion lacks evidence and is disputed by experts. While some increased revenue is likely due to recently implemented tariffs, the $2 billion figure is vastly inflated. Experts point to various factors undermining this claim, including exemptions for goods already in transit and the likelihood of decreased imports due to higher prices. Analysis suggests the actual revenue generated would be far less, even potentially leading to significant economic damage and job losses.

Prepared by Anthony Ross and reviewed by editorial team.