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Source: SOUTHERN FARM NETWORK, 1/10/19
U.S. tariff collections increased in 2018 as President Trump waged a trade war on China, along with other tariff heavy trade policies. The U.S. government collected $6.7 billion more in customs duties in fiscal 2018 than in the previous fiscal year, according to the Treasury Department’s final monthly statement for fiscal 2018. That’s more than the estimated $5 billion needed to build the Trump border wall that’s shuttered the federal government for now 20 days.
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