Fact check: are US tariffs really bringing in $2bn a day as Donald Trump claims?
US president may have used some hypothetical maths – but in reality, chances are slim that such sums are being raised
Donald Trump has defended his tariffs by arguing they are already raking in almost $2bn (£1.6bn) a day for the US.
Speaking after more than $5tn of losses on the US stock market since his “liberation day” announcement last week, the president made the claim on Tuesday, adding: “America is going to be very rich again, very soon.”