Trump Says ‘Billions of Dollars’ Flowing Into U.S. After Tariff Deadline

In a late-night declaration on Thursday, United States President Donald Trump announced that substantial revenue was now entering the country following the imposition of new tariffs that took effect at midnight on August 7.

Writing on his social media platform, Truth Social, shortly after the deadline passed, the President proclaimed:

“IT’S MIDNIGHT!!! BILLIONS OF DOLLARS IN TARIFFS ARE NOW FLOWING INTO THE UNITED STATES OF AMERICA!”

The statement marks a significant moment in Trump’s ongoing tariff campaign, which has seen sweeping duties levelled on multiple trading partners, including India, Brazil, the European Union, and others. These measures, often justified by the administration as efforts to ensure “fair and reciprocal” trade, have generated widespread economic and diplomatic reaction.

Trump’s emphasis on the immediate financial impact underscores his framing of tariffs as a strategic revenue tool, as well as a means of pressuring foreign governments over policy issues ranging from oil imports to industrial subsidies.

Further breakdown of the newly implemented tariffs and affected countries is expected in subsequent communications from the White House and the U.S. Trade Representative’s office.