US Rakes in $88 Billion in Tariff Revenue—Who’s Really Paying the Price?
Trade wars have winners—at least in the short term. The US government just pocketed a staggering $88 billion from tariffs, but the real cost might be hiding in plain sight.
### The Tariff Cash Grab
While politicians celebrate this as a 'win,' economists whisper about the hidden tax on consumers and supply chains. That $88 billion didn't materialize from thin air—it came from higher prices on everything from electronics to electric vehicles.
### Crypto's Silent Victory Lap
Meanwhile, decentralized finance keeps bypassing border taxes entirely. No surprise Bitcoiners are smirking—try slapping a tariff on a cross-border BTC payment. (Take that, legacy finance.)
### The Bottom Line
Tariffs are the ultimate 'stealth wealth transfer'—from your wallet to government coffers. At least with crypto, you see the transaction fees upfront.
Trade Tariffs: US Economy Receives Big Revenue From Duties
While the 90-day pause was announced in April, a universal 10% tariff was applicable during this period for revenue generation. Many countries contacted the White House to rewrite trade deals and drop duties on the US, giving access to their local markets. Countries such as India, Japan, and even those in Europe were seen rewriting trade deals.
The introduction of duties has rubbed other nations the wrong way as they’re upset with the additional tariffs. It has disrupted the normal FLOW of trade making imports and exports turn expensive for businesses. The US is making other countries pay more through tariffs but is raking up all the revenue. Allies of the US are also turning against the Trump administration and extending cordial ties with China.