Trump misses the mark: More than $36 trillion in US debt won't be wiped out with tariffs

One of President Donald Trump's many explanations to justify their trade war is that, in addition to the hypothetical reindustrialization of the country—a short-term pipe dream, and we'll have to see what happens in the medium and long term—it would generate enough tax revenue to reduce the federal debt. After the supposed shower of money it would receive from abroad—in practice, from impoverished American taxpayers—it could extend the tax cuts it touted during the 2024 campaign, which would be a continuation of those in 2017. But those cuts, contrary to what Trump said, added 1.