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Filtering by entity: Treasury Department | Clear Filter
Summary:Donald Trump's trade policies have resulted in record-high tariff revenues for the U.S., exceeding $113 billion in a fiscal year and $27 billion in June, according to Treasury Department data cited by Fox Business.
Sentiment:Triumphant
Key Claims:
- Trump's tariff revenues are hitting record-highs.
- Tariff revenues topped $113 billion for the first time during the fiscal year.
- The U.S. received more than $27 billion in customs duties in June.
- These figures are derived from the Treasury Department's 'Customs and Certain Excise Taxes' data.
- President Donald Trump imposes near-weekly duties on some of the world’s largest economies.
Potential Market Impact (S&P 500):4/10
Potential Geopolitical Risk:3/10
Potential Global Cross-Asset Impact:5/10
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