Donald Trump has revealed how much money the U.S. expects to earn daily as new global tariffs officially take effect worldwide.
On April 2, 2025, President Donald Trump announced a new plan called “Liberation Day.”
This plan includes new tariffs on goods from many countries around the world.
These tariffs are taxes that countries pay when they sell products to the United States.
Trump believes that these changes will help improve the American economy.
Donald Trump announces daily revenue estimate for U.S. from new global trade tariffs
The tariffs include a 25% tax on all foreign-made cars. There is also a 10% tax on goods from countries that do not follow the United States-Mexico-Canada Agreement (USMCA).
Countries that comply with this agreement will not have to pay these extra taxes.
For example, the United Kingdom will pay a 10% tariff, while the U.S. will tax goods from the European Union at 20%.
Many world leaders have spoken out about these tariffs. Some are open to negotiating new deals to avoid these taxes.
However, others have warned that they may respond with their own tariffs against the U.S.
This situation has led to increased tensions between the U.S. and countries like China, which is involved in a trade conflict with America.
Despite criticism, Trump remains confident in his economic decisions. He believes that the tariffs will lead to a revival of American industry.
At a recent event, he shared that the U.S. government is currently collecting tariffs from 90 countries. He reported that the U.S. is earning nearly $2 billion a day from these tariffs.
Trump emphasized that many countries are eager to negotiate deals to avoid these tariffs.
He said: “These countries are calling me up, kissing my a**… they are dying to make a deal…”
This shows that he feels strong in his position and believes that other nations are at a disadvantage.
The impact on China and other countries
One of the most significant aspects of Trump’s plan is the high tariff on Chinese goods.
The U.S. is imposing a staggering 104% levy on products coming from China. Trump indicated that this move is necessary until a deal is reached.
He expressed confidence that China wants to negotiate but is struggling to start the conversation due to their national pride.
Trump continued: “I really think we are helped by the tariff situation that is going on which is a good situation, not bad, its great.
“It is going to be legendary, you watch, legendary in a positive way, I have to say.
“That is why additional tariffs on Chinese goods are in place effective midnight tonight at 104% until they make a deal with us that is what it is going to be.
“I think they’ll make a deal at some point, China wants to make a deal, they really do, they just don’t know how to get it started because they are proud people.”
Aiming for a stronger American economy
Trump believes that the tariffs will ultimately benefit American workers and industries.
He stated, “I really think we are helped by the tariff situation… It is going to be legendary.”
He sees this as a chance to strengthen the American economy and make it more competitive on the global stage.
Supporters of this approach argue that protecting American industries is essential. They believe that tariffs can help create jobs and boost the economy.
However, critics warn that such measures could lead to higher prices for consumers and strain relationships with trade partners.