US Tariffs: $2 Billion a Day

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US Politics

Is the US making $2bn from tariffs - and other Trump claims

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Is the US making $ 2bn a day from tariffs? Trump claims fact-checked by BBC Verify .

Some of his claims on trade are unsubstantiated or even false.

The US does have a large trade deficit in goods with China , but official figures show it was just over $ 295bn in 2024 .

Many more did go the other way - 749,170 EU -made cars were exported to the US last year valued at 38.5bn (33.3bn). Trump 's claim about farm products is also false. The EU bought $ 12.8bn ( 10bn ) of US agricultural exports in 2024 , making the EU America's fourth largest export market - according to the USDA . BBC Verify will be looking at more trade claims..