The government is raking in billions of dollars from Trump's tariffs. Americans are the ones paying.

Yuri Gripas/Reuters

US tariff revenue in the third quarter increased by nearly 40% from the same quarter last year. President Donald Trump on Wednesday again claimed US tariffs were a cost to other countries, but economists say the tariff revenue is coming mostly from the pocketbooks of American businesses and consumers.

President Donald Trump likes to talk about the money Washington is making from the spate of tariffs his administration has imposed on global trading

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