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based on that article wouldn't 7 billion be more
Posted on: March 26, 2021 at 16:22:21 CT
DesertTiger MU
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accurate in determining a 'hike', i.e. new tariffs to be considered?
Quote:
As for tariff revenue, the U.S. collected $41.3 billion in customs duties in fiscal year 2018, according to the Treasury Department. In its summary of fiscal year 2018, the nonpartisan Congressional Budget Office said, “Customs duties rose by $7 billion (or 19 percent), in part because of new tariffs imposed by the [Trump] Administration during the year.”
End quote
New tariffs were responsible for 7 billion of the overall total, to me that would be the increased 'hike'...so about $23 per person using your 300 million population number.
Quote:
As for tariff revenue, the U.S. collected $41.3 billion in customs duties in fiscal year 2018, according to the Treasury Department. In its summary of fiscal year 2018, the nonpartisan Congressional Budget Office said, “Customs duties rose by $7 billion (or 19 percent), in part because of new tariffs imposed by the [Trump] Administration during the year.”
End quote
New tariffs were responsible for 7 billion of the overall total, to me that would be the increased 'hike'...so about $23 per person using your 300 million population number.
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based on that article wouldn't 7 billion be more - DesertTiger MU - 3/26 16:22:21