The U.S. just pulled in a record $22.3 billion in tariff revenue in May 2025 https://www.newsweek.com/trump-tariff-revenue-may-2079077 That’s the highest monthly total ever. If you’re looking at that news alongside the previous month’s inflation numbers. (https://www.cnbc.com/2025/05/30/inflation-rate-slipped-to-2point1percent-in-april-lower-than-expected-feds-preferred-gauge-shows.html), You might be thinking that tariffs are doing what the administration said they would do. Revenue’s up. Inflation rates are […]
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