Nearly $100 billion in duties have been collected by the U.S. Customs and Border Protection (CBP) through former President Donald Trump’s tariffs on Chinese goods. Politico reports that even though the rate of collections has slowed as companies switched to other foreign suppliers, the tariffs figure dwarfs the $10.9 billion CBP has collected from Trump’s steel and aluminum tariffs. A broad coalition of business groups has pressed the Biden administration to lift the tariffs. 7/19/2021
U.S. Tariffs on China Have Raised Nearly $100 Billion
07/23/2021