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US Collected a Record $7B in Tariffs in September

from The Wall Street Journal

From November 11: The U.S. collected a record $7 billion in import tariffs in September, fresh figures show, as new duties kicked in on apparel, tools, electronics and other consumer goods from China. Tariff revenue jumped 9% from August and was up more than 59% from August 2018. The revenue is a bounty for the U.S. Treasury, but is an increasing burden on the American businesses that import Chinese products — and their customers. more


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