tariffs, economic turnaround, private investment, budget surplus, Trump Transcript President Trump has ended the era of economic surrender and implemented powerful tariffs to stand up for our workers and businesses and rebalance America's trading agreements. Despite all of the doom casting from the so-called experts, claiming that these tariffs would be the end of the world as we know it, the opposite has occurred. Tariffs are not inflationary, as President Trump has said all along. In reality, tariffs are a source of massive revenue. We're seeing trillions of dollars in private investment pour into our country right now because the companies around this world want to make their products right here with American labor and not have to pay any tariffs at all. Customs and tariff revenue has already totaled more than $113 billion since President Trump entered office, helping to lead a budget surplus in June for the first time in nearly a decade.
