Trump says his tariff revenues will both pay down America’s $37 trillion debt and possibly fund a public “dividend,” but Treasury data shows they fall short of even covering monthly interest costs.
In exclusive interviews with Fortune, Wharton’s Professor Joao Gomes and AEI’s Desmond Lachman warned that while tariffs may slow debt growth, they won’t meaningfully reduce it.
Markets are largely skeptical of Trump’s math despite some unconventional revenue wins.
Last time all of the money went back to the farmers to silence them… It’s not even a question of amount, they will never help the US budget because it will go towards businesses who complain about this and other ways Trump is fucking them.