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U.S. Tariff Revenue Hits $31B in October as Trump Eyes Rebate Checks

U.S. Tariff Revenue Hits $31B in October as Trump Eyes Rebate Checks

Author:

Global Cryptocurrency

Published:

2025-11-26 21:04:01

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BTCCSquare news:

Tariff collections reached $31 billion in October, marking the highest monthly haul since the TRUMP administration implemented reciprocal trade levies. The consistent revenue stream—$30 billion in both August and September—now faces scrutiny as policymakers debate allocating funds toward stimulus checks or debt reduction.

Economists estimate a $300 billion price tag for Trump's proposed $2,000 rebate checks in 2026, a figure still below cumulative tariff receipts at current rates. The October budget statement revealed a $284 billion deficit, fueling congressional calls to direct trade windfalls toward national debt.

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