
The U.S. Department of Homeland Security has issued a press release stating that U.S. Customs and Border Protection has collected $106.1 billion since the commencement of the current administration in January. A whopping $81.5 billion of that sum is directly attributed to Trump's tariffs, and is pitched as a huge win that will "make America richer and reverse a broken trade system," according to one unnamed senior DHS official.
The press release goes on to say, "CBP took enforcement action to secure $16.3 billion in additional revenue because of targeted reviews of over 35,000 shipments flagged as high-risk for duty evasion or subject to additional payments owed." Still, I can't help but wonder who's really footing this bill?