American commercial actor, Jameson Jarir, is discussing the new tariff rates for President Donald Trump on “Al -Sabah with Maria”.
Treasury Secretary Scott bet He said on Tuesday that the Trump administration weighs plans to implement part of the customs tariff revenues towards reducing national debt.
“I think at some point we will be able to do this,” Pesin said during an interview with CNBC. Donald Trump “Laser focused on debt payment.”
Trump calls the sudden tariff “very beautiful to see” as it sailed critical in
“I think we will reduce the deficit to GDP, we will start paying debts, then at a point that can be used as a displacement of the American people,” he said.
Treasury Secretary Scott Bessin and President Donald Trump looks at the White House digital assets summit at the White House dining room on March 7, 2025 in Washington, DC. (Anna Moneymaker / Getty Images / Getty Images)
The debts of the nation, which is the amount of money in which the United States owes it 37.2 trillion dollars As of August 18, according to the Ministry of Treasury.
This amazing number intensified the long -term discussion in Washington on government spending, taxes and efforts to form a balloon deficit.
The Treasury Building in Washington, DC, is a national historical building, and it is the headquarters of the US Treasury. In front of the building, the bronze statue of Albert Galatin is located by James Earl Fraser. (Nicolas Economou / Nurphoto via Getty Images / Getty Images)
Pisent said he expected to review the estimation of the tariff revenues for this year over the previous projection of $ 300 billion. Although he did not make new expectations, he stressed that the total will be “largely.”
The United States raised more than $ 29 billion in Customs tariff revenues In July, the highest monthly total so far this year. According to the latest “customs and tax taxes” data for the Ministry of Treasury, which was issued on August 15, the total customs tariff revenue amounted to 156.4 billion dollars.
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In an air show, shipping containers are organized at Houston Port for Power on February 10, 2025 in Houston, Texas. President Trump announced that he would impose a 25 % tariff on all imports of foreign steel and aluminum in the United States (Brandon Bell / Getty Emmaiz / Gettie Emayiz)
Since the Trump administration increases the revenues of customs tariffs, it is American companies that pay these higher taxes to import to the federal government.
However, the cost often falls on consumers, as companies raise prices to compensate for the economic burden.
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