HOW WILL TRUMP HANDLE THE WINDFALL OF TARIFF MONEY?

The U.S. Treasury will soon be swimming in cash—billions of dollars in revenue pouring in from global tariffs imposed by the Trump administration.

Every imported item, from Chinese sneakers and Japanese or Canadian cars to Scottish single-malt, Fiji water, and Basmati rice, will come with a price tag that benefits Uncle Sam. Even the garam masala from India will spice up government coffers!

A White House official estimates these tariffs could rake in over $6 trillion over the next decade.

But here’s the catch—tariffs aren’t paid by China, Japan, or any other exporting country. They’re a tax collected by the U.S. government from American companies that import these goods.

In other words, it’s U.S. businesses and consumers footing the bill, ultimately paying higher prices for everything from Amazon finds to dollar-store bargains.

With imports costing more, inflation will likely climb, hitting American wallets hard.

But the question remains—how will Washington spend this windfall? The government could use it to shrink the towering national debt, which hit $34.58 trillion in 2024. Or, in a bold move, it could slash personal and corporate taxes, handing some relief back to taxpayers.

For Trump, this isn’t just an economic policy—it’s the backbone of his MAGA dream. The question is: will it be a dream for Americans, or a costly nightmare?

–Promod Puri