TCT-PF-F759BF6C24488B64 · Taxes & trade
Tariffs were already generating almost $2 billion per day in April 2025
Claim summary
Tariffs were already generating almost $2 billion per day in April 2025
Paraphrase, not a verbatim quotation. Consult the source for the full wording.
April 8, 2025 in a speech
What the evidence shows
The administration did not supply collections data establishing that daily amount. Projecting past trade volumes through proposed rates would not prove that the money had already arrived.
PolitiFact rating: False. The tracker groups this as False.
Sources and attribution
Publisher assessment summarized by the tracker; this is not a new independent verdict.