Official U.S. Customs data contradicts President Trump’s daily tariff revenue claims, revealing actual collections of just $500 million since April 5, 2025. This figure significantly differs from the $2 billion-per-day revenue figures asserted by the former president. The discrepancy raises concerns about potential economic impact and fuels criticism of the tariffs’ effects on businesses and consumers. The Federal Reserve has also expressed worries that these tariffs might exacerbate inflation and hinder economic growth, causing ripple effects across various industries. Trump’s claims have been challenged by U.S. Customs and experts who warn of a significant discrepancy between reported revenues and actual collections. The resulting economic uncertainty could lead to changes in policy and public perception regarding trade agreements. Furthermore, the financial data suggests that inflated tariff projections might undermine current policies and investment decisions. The potential for regulatory adjustments is high as advisors evaluate the true impact compared to historical data. Transparency will be key to aligning financial expectations with reality, especially amidst volatile market conditions.