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CBP says latest tariffs have generated $500 million, well below Trump’s estimate

  • U.S. Customs and Border Protection reported $500 million in tariffs since April 5, contradicting President Donald Trump's claim of $2 billion a day in revenue from tariffs.
  • Trump announced a 90-day pause on new tariffs after implementing blanket tariffs on nearly every country on April 2.
  • Federal Reserve Chair Jerome Powell stated that Trump's tariffs could lead to high inflation and slow economic growth.
  • A Morning Consult poll indicates Trump's approval rating has dropped to 45%, and more Americans trust Democrats to handle the economy than Republicans for the first time since 2021.
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OODA Loop broke the news in on Tuesday, April 15, 2025.
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