Trump Struggles to Crack Tariff Piggy Bank

“President Donald Trump and his top officials have repeatedly promised to tap the billions of dollars collected from their historic tariff hikes for key priorities like troop pay, nutrition assistance and farmer bailouts. That’s not how it works,” Politico reports.

“The administration has brought in about $200 billion in tariff revenue so far this year, cash the president and members of his Cabinet have boasted is a sign their tariff hikes are succeeding — and have suggested they can now use at their discretion.”