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WOW: Bessent reveals U.S. has already pulled in over $100 billion from tariffs on other countries just over the past few months. This is huge. Staggering numbers from Treasury Secretary Scott Bessent at Trump’s cabinet meeting today. He laid out just how much tariff revenue has come in so...

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🇺🇸Treasury Secretary Scott Bessent 🦅Reported $100 billion in tariff income this year, with major tariffs starting in the second quarter, projecting over $300 billion by year-end 🦅Highlighted the One Big Beautiful Bill's historic investments in economic development and border security
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🇺🇸Treasury Secretary Scott Bessent 🦅Reported $100 billion in tariff income this year, with major tariffs starting in the second quarter, projecting over $300 billion by year-end 🦅Highlighted the One Big Beautiful Bill's historic investments in economic development and border security

The White House

518,684 Aufrufe • vor 1 Jahr

Treasury Secretary Treasury Secretary Scott Bessent announces MASSIVE tariff revenue inflow: - $100 BILLION collected so far this year - $300+ billion projected by year’s end - $2.8 TRILLION over 10 years which is "probably low" WINNING! 🇺🇸
0:29

Treasury Secretary Treasury Secretary Scott Bessent announces MASSIVE tariff revenue inflow: - $100 BILLION collected so far this year - $300+ billion projected by year’s end - $2.8 TRILLION over 10 years which is "probably low" WINNING! 🇺🇸

Trump War Room

536,199 Aufrufe • vor 1 Jahr

.Treasury Secretary Scott Bessent: “We will be taking about $100B in tariff income thus far this year… we could expect that could be well over $300B by year’s end.”
0:28

.Treasury Secretary Scott Bessent: “We will be taking about $100B in tariff income thus far this year… we could expect that could be well over $300B by year’s end.”

Laura Ingraham

230,976 Aufrufe • vor 1 Jahr

.Treasury Secretary Scott Bessent stuns at Trump's Cabinet meeting with the latest figures on tariff revenue "You have leveled the international trading system whereby countries took advantage of us, and that's over. It's over. The Treasury Department is taking in record tariff revenues, that I had been saying was running at a rate of $300 billion a year... We had a substantial jump from July to August, and I think we're gonna see a bigger jump from August to September. I think we could be on our way, well over half a trillion, maybe towards the trillion-dollar number. This administration, your administration has made a meaningful dent in the budget deficit. The average budget deficit during this term is 26% less than the last 12 months under Biden. And even the CBO, and we don't agree with CBO on everything, as you said... had to admit that they believe, over the next 10 years, the budget deficit will be $4 trillion lower than they had previously scored. $4 trillion. $3.3 trillion of tariff income, $700 billion of lower interest costs. And I would expect that that number could go up from here."
2:00

.Treasury Secretary Scott Bessent stuns at Trump's Cabinet meeting with the latest figures on tariff revenue "You have leveled the international trading system whereby countries took advantage of us, and that's over. It's over. The Treasury Department is taking in record tariff revenues, that I had been saying was running at a rate of $300 billion a year... We had a substantial jump from July to August, and I think we're gonna see a bigger jump from August to September. I think we could be on our way, well over half a trillion, maybe towards the trillion-dollar number. This administration, your administration has made a meaningful dent in the budget deficit. The average budget deficit during this term is 26% less than the last 12 months under Biden. And even the CBO, and we don't agree with CBO on everything, as you said... had to admit that they believe, over the next 10 years, the budget deficit will be $4 trillion lower than they had previously scored. $4 trillion. $3.3 trillion of tariff income, $700 billion of lower interest costs. And I would expect that that number could go up from here."

Breitbart News

69,398 Aufrufe • vor 10 Monaten

.Treasury Secretary Scott Bessent: "[The CBO] came out and scored the tariff revenue, we think it will be the minimum of $2.8T over the 10-year window, which actually puts the bill in surplus if you include the tariff revenue — which they won't do."
0:40

.Treasury Secretary Scott Bessent: "[The CBO] came out and scored the tariff revenue, we think it will be the minimum of $2.8T over the 10-year window, which actually puts the bill in surplus if you include the tariff revenue — which they won't do."

Rapid Response 47

492,015 Aufrufe • vor 1 Jahr

Then came one of the biggest financial updates of the meeting...from Treasury Secretary Scott Bessent. What he revealed was staggering. Bessent said that America is now pulling in RECORD tariff revenues...between $500 BILLION and $1 TRILLION a year...and the budget deficit is already down 26% from Biden’s last year in office. These are not small numbers. Bessent explained how Trump flipped the system on its head. The days of unbalanced international trade are over, and with that comes a massive influx of cash directly affecting America’s deficit. “On the international front you have a leveled the international trading system whereby countries took advantage of us and that’s over. It’s OVER.” “The Treasury Department is in is taking in record tariff revenues that I had been saying was running at a rate of 300 billion a year.” “You chastised me for saying that—number is too low. And as usual, you we’re right, that we had a substantial, jump from July to August, and I think we’re going to see a bigger jump from August to September.” “So I think we could be on our way, well, over half a trillion, maybe the, towards the trillion dollar number.” “This administration, your administration, has made a meaningful dent in the budget deficit.” Even the CBO, which often clashes with the Trump administration, had to concede: the deficit is projected to drop by $4 trillion over the next decade. “The average budget deficit during this term is 26% less than the last 12 months under Biden and even the CBO, and we don’t agree with CBO on everything as you said, last Friday—had to admit that they believe over the next ten years the budget deficit will be 4 trillion lower than they had previously scored.” And according to Bessent, that number could go even higher. “4 trillion: 3.3 trillion of tariff income, 700 billion of lower interest cost, and, you know, I would expect that that number could go up from here.”
1:34

Then came one of the biggest financial updates of the meeting...from Treasury Secretary Scott Bessent. What he revealed was staggering. Bessent said that America is now pulling in RECORD tariff revenues...between $500 BILLION and $1 TRILLION a year...and the budget deficit is already down 26% from Biden’s last year in office. These are not small numbers. Bessent explained how Trump flipped the system on its head. The days of unbalanced international trade are over, and with that comes a massive influx of cash directly affecting America’s deficit. “On the international front you have a leveled the international trading system whereby countries took advantage of us and that’s over. It’s OVER.” “The Treasury Department is in is taking in record tariff revenues that I had been saying was running at a rate of 300 billion a year.” “You chastised me for saying that—number is too low. And as usual, you we’re right, that we had a substantial, jump from July to August, and I think we’re going to see a bigger jump from August to September.” “So I think we could be on our way, well, over half a trillion, maybe the, towards the trillion dollar number.” “This administration, your administration, has made a meaningful dent in the budget deficit.” Even the CBO, which often clashes with the Trump administration, had to concede: the deficit is projected to drop by $4 trillion over the next decade. “The average budget deficit during this term is 26% less than the last 12 months under Biden and even the CBO, and we don’t agree with CBO on everything as you said, last Friday—had to admit that they believe over the next ten years the budget deficit will be 4 trillion lower than they had previously scored.” And according to Bessent, that number could go even higher. “4 trillion: 3.3 trillion of tariff income, 700 billion of lower interest cost, and, you know, I would expect that that number could go up from here.”

The Vigilant Fox 🦊

238,586 Aufrufe • vor 10 Monaten

🚨Treasury Secretary Scott Bessent says the U.S. has taken in $100 BILLION of tariff income since January 2025🇺🇸
0:28

🚨Treasury Secretary Scott Bessent says the U.S. has taken in $100 BILLION of tariff income since January 2025🇺🇸

Republicans

92,042 Aufrufe • vor 1 Jahr

🚨 Sec. Scott Bessent says the U.S. has taken in +$100 BILLION dollars in Tariff revenue this year alone
0:44

🚨 Sec. Scott Bessent says the U.S. has taken in +$100 BILLION dollars in Tariff revenue this year alone

The Patriot Oasis™

19,484 Aufrufe • vor 1 Jahr

.Treasury Secretary Scott Bessent: "Just on the tariff income, I've been saying $300 billion, but I think we're going to have to substantially revise that up ... In terms of the committed investment by private industry, we're well over $10 trillion." 🔥
0:24

.Treasury Secretary Scott Bessent: "Just on the tariff income, I've been saying $300 billion, but I think we're going to have to substantially revise that up ... In terms of the committed investment by private industry, we're well over $10 trillion." 🔥

Rapid Response 47

499,021 Aufrufe • vor 11 Monaten

AMAZING. The U.S. received over 100 BILLION dollars in tariff revenue since January 2025, with 300 BILLION expected by the end of the year.
1:18

AMAZING. The U.S. received over 100 BILLION dollars in tariff revenue since January 2025, with 300 BILLION expected by the end of the year.

Libs of TikTok

118,272 Aufrufe • vor 1 Jahr

Holee Tariffs Batman! Scott Bessent says We've brought in nearly $100B in tariff revenue so far and are on track for $300B this year. That's almost 1% of the GDP. We are ON TRACK to totally dismantle the IRS with the ERS!
1:16

Holee Tariffs Batman! Scott Bessent says We've brought in nearly $100B in tariff revenue so far and are on track for $300B this year. That's almost 1% of the GDP. We are ON TRACK to totally dismantle the IRS with the ERS!

MJTruthUltra

203,875 Aufrufe • vor 11 Monaten

🚨 HOLY SMOKES! Treasury Secretary Scott Bessent just announced the US may take in over $300 BILLION in tariff revenue this year under President Trump. WHOA. The experts are in for another RUDE awakening.
0:39

🚨 HOLY SMOKES! Treasury Secretary Scott Bessent just announced the US may take in over $300 BILLION in tariff revenue this year under President Trump. WHOA. The experts are in for another RUDE awakening.

Eric Daugherty

1,401,811 Aufrufe • vor 1 Jahr

I voted for this‼️ ⬇️⬇️⬇️ We Have a 26.6 BILLION dollar Federal Surplus!! This is HUGE! Treasury Secretary Scott Bessent has suggested that tariff collections could reach $300 billion by the end of the year‼️‼️‼️ The MSM won’t report this so please share! 🇺🇸 #MAGA
1:07

I voted for this‼️ ⬇️⬇️⬇️ We Have a 26.6 BILLION dollar Federal Surplus!! This is HUGE! Treasury Secretary Scott Bessent has suggested that tariff collections could reach $300 billion by the end of the year‼️‼️‼️ The MSM won’t report this so please share! 🇺🇸 #MAGA

𝕿𝖍𝖊 𝕷𝖎𝖔𝖓𝖊𝖘𝖘™️

66,271 Aufrufe • vor 1 Jahr

"Experts" were wrong again. Imagine that. When Scott Bessent predicted $600 billion a year tariff revenue in April, the "experts" said no way, that's impossible. Bessent just said that we are on track for low end $500 billion, high end $1 trillion. Trust the experts! 🤪
0:45

"Experts" were wrong again. Imagine that. When Scott Bessent predicted $600 billion a year tariff revenue in April, the "experts" said no way, that's impossible. Bessent just said that we are on track for low end $500 billion, high end $1 trillion. Trust the experts! 🤪

MAZE

92,259 Aufrufe • vor 10 Monaten

NEW: Bessent unveils new form of TDS among Trump critics — “Tariff Derangement Syndrome.” Absolutely spot on. Treasury Secretary Scott Bessent says Trump’s critics have simply swapped their old “Trump Derangement Syndrome” for a new version he’s dubbing “Tariff Derangement Syndrome.” “Well, Joe, as I’ve said over the past few weeks, TDS, which used to mean Trump Derangement Syndrome, has turned into ‘Tariff Derangement Syndrome.’” Bessent pointed out these same critics were sure the economy would stall or inflation would spike.....none of which happened. They were wrong....again. “None of that has happened. And as a matter of fact, we’re taking in substantial tariff income…” “Some Democrat made the mistake of asking the CBO to score tariff. Over the ten-year window, that’s $2.8 trillion based on the current deals. And I can tell you that the deals that are coming out will be slightly higher than that.” “So again, I don’t like CBO scoring, but $2.83 trillion over the ten-year window substantially eases the deficit.” Not exactly the catastrophe Trump’s critics were hoping for.
0:59

NEW: Bessent unveils new form of TDS among Trump critics — “Tariff Derangement Syndrome.” Absolutely spot on. Treasury Secretary Scott Bessent says Trump’s critics have simply swapped their old “Trump Derangement Syndrome” for a new version he’s dubbing “Tariff Derangement Syndrome.” “Well, Joe, as I’ve said over the past few weeks, TDS, which used to mean Trump Derangement Syndrome, has turned into ‘Tariff Derangement Syndrome.’” Bessent pointed out these same critics were sure the economy would stall or inflation would spike.....none of which happened. They were wrong....again. “None of that has happened. And as a matter of fact, we’re taking in substantial tariff income…” “Some Democrat made the mistake of asking the CBO to score tariff. Over the ten-year window, that’s $2.8 trillion based on the current deals. And I can tell you that the deals that are coming out will be slightly higher than that.” “So again, I don’t like CBO scoring, but $2.83 trillion over the ten-year window substantially eases the deficit.” Not exactly the catastrophe Trump’s critics were hoping for.

The Vigilant Fox 🦊

45,086 Aufrufe • vor 1 Jahr

🚨 JUST IN: Treasury Sec. Scott Bessent INFURIATES MSNBC panel after expertly explaining how tariffs have actually helped Americans "Tariffs help consumers because [we] have brought down the budget deficit. MIT came out with a study that said that 42% of the great inflation was caused by the big deficit spending." "So as you bring down deficit spending, inflation will come down. Right now, we've taken substantial tariff income over time that will rebalance as the factories move to the U.S. and that will become the corporate income or wage income - and by bringing down the budget deficit, we are bringing down inflation!" Scott is setting the record straight!
0:44

🚨 JUST IN: Treasury Sec. Scott Bessent INFURIATES MSNBC panel after expertly explaining how tariffs have actually helped Americans "Tariffs help consumers because [we] have brought down the budget deficit. MIT came out with a study that said that 42% of the great inflation was caused by the big deficit spending." "So as you bring down deficit spending, inflation will come down. Right now, we've taken substantial tariff income over time that will rebalance as the factories move to the U.S. and that will become the corporate income or wage income - and by bringing down the budget deficit, we are bringing down inflation!" Scott is setting the record straight!

Eric Daugherty

477,250 Aufrufe • vor 8 Monaten

SORRY, DOOMSDAYERS, TRUMP’S ECONOMY IS OUTPERFORMING “Every single measure that we have of inflation is lower than it’s been in more than four years, and meanwhile, while that’s happening, we got about $16 billion in tariff revenue. And the Congressional Budget Office just put out a report that says we’re going to get $2.8 trillion over the next 10 years of revenue from the tariffs. And there’s no inflation.” – Kevin Hassett
0:58

SORRY, DOOMSDAYERS, TRUMP’S ECONOMY IS OUTPERFORMING “Every single measure that we have of inflation is lower than it’s been in more than four years, and meanwhile, while that’s happening, we got about $16 billion in tariff revenue. And the Congressional Budget Office just put out a report that says we’re going to get $2.8 trillion over the next 10 years of revenue from the tariffs. And there’s no inflation.” – Kevin Hassett

Laura Ingraham

210,652 Aufrufe • vor 1 Jahr

.Treasury Secretary Scott Bessent: "When I was here in April, the sky was falling with the tariffs... Since then, the U.S. bond market has been the best performing bond market in the developed world... [because of] the tariff income and the fiscal improvement that we are seeing."
0:25

.Treasury Secretary Scott Bessent: "When I was here in April, the sky was falling with the tariffs... Since then, the U.S. bond market has been the best performing bond market in the developed world... [because of] the tariff income and the fiscal improvement that we are seeing."

Rapid Response 47

169,923 Aufrufe • vor 10 Monaten

President Trump stated on Thanksgiving that his administration was looking at almost completely ELIMINATING federal income due to the money the U.S. is bringing in from tariff revenue. “Over the next couple of years, I think we’ll substantially be cutting and maybe cutting out completely, but we’ll be cutting income tax. Could be almost completely cutting it because of the money we’re taking in [from tariffs], is going to be so large.”
1:09

President Trump stated on Thanksgiving that his administration was looking at almost completely ELIMINATING federal income due to the money the U.S. is bringing in from tariff revenue. “Over the next couple of years, I think we’ll substantially be cutting and maybe cutting out completely, but we’ll be cutting income tax. Could be almost completely cutting it because of the money we’re taking in [from tariffs], is going to be so large.”

RedWave Press

17,885 Aufrufe • vor 7 Monaten

Bessent: Don’t Need Trade Deal with China, We Make Revenues Off Tariffs, ‘It’s Not Broke’ | Ian Hanchett, Breitbart News On Tuesday’s broadcast of the Fox News Channel’s “Ingraham Angle,” Treasury Secretary Scott Bessent responded to a question on whether or not a trade deal with China is needed by stating that “China is, right now, the biggest revenue line in the tariff income” and remarking, “if it’s not broke, don’t fix it.” But Bessent also said there have been “very good talks with China” and he thinks there will be further discussions with them. Host Laura Ingraham asked, [relevant exchange begins around 8:30] “When do you expect that we will see movement on the China talks, and do we need a trade agreement with China, given how well the tariffs are working out?” Bessent answered, “Look, we’re very happy is — we had 20% — about 20, 25% tariffs in President Trump’s first term. We’ve added 20% fentanyl tariffs, 10% baseline tariffs. So, we’re at 50 or 55%. China is, right now, the biggest revenue line in the tariff income. So, if it’s not broke, don’t fix it. We have had very good talks with China. I imagine we’ll be seeing them again before November. They have a 10% tariff on us. They have started shipping the rare earth magnets, which we agreed to. We had put some countermeasures on them that we’ve taken off. So, I think, right now, the status quo’s working pretty well.”
13:04

Bessent: Don’t Need Trade Deal with China, We Make Revenues Off Tariffs, ‘It’s Not Broke’ | Ian Hanchett, Breitbart News On Tuesday’s broadcast of the Fox News Channel’s “Ingraham Angle,” Treasury Secretary Scott Bessent responded to a question on whether or not a trade deal with China is needed by stating that “China is, right now, the biggest revenue line in the tariff income” and remarking, “if it’s not broke, don’t fix it.” But Bessent also said there have been “very good talks with China” and he thinks there will be further discussions with them. Host Laura Ingraham asked, [relevant exchange begins around 8:30] “When do you expect that we will see movement on the China talks, and do we need a trade agreement with China, given how well the tariffs are working out?” Bessent answered, “Look, we’re very happy is — we had 20% — about 20, 25% tariffs in President Trump’s first term. We’ve added 20% fentanyl tariffs, 10% baseline tariffs. So, we’re at 50 or 55%. China is, right now, the biggest revenue line in the tariff income. So, if it’s not broke, don’t fix it. We have had very good talks with China. I imagine we’ll be seeing them again before November. They have a 10% tariff on us. They have started shipping the rare earth magnets, which we agreed to. We had put some countermeasures on them that we’ve taken off. So, I think, right now, the status quo’s working pretty well.”

Owen Gregorian

52,754 Aufrufe • vor 10 Monaten