Tariffs Cover Just 9% of Deficit | Salt Lake City News

Tariffs may seem like a quick fix for the federal budget, but they’re barely scratching the surface—only covering 9% of the $1.8 trillion deficit through July. While the government collects $154 billion in customs duties, that money comes straight from U.S. importers, who either absorb the cost or pass it on to consumers, hitting lower-income households hardest. And with national debt already over $40 trillion, tariffs aren’t solving the bigger picture—they’re just shifting the burden. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d88944a2da210183