Tariffs Are Filling Government Coffers—At Your Expense They’re calling it a revenue surge. The U.S. Treasury is stacking up record-breaking tariff income—$24.2 billion in May alone—with politicians slapping each other on the back while the public barely blinks. But here’s the reality Washington won’t admit: you’re the one footing the bill. Yes, automakers are screaming as tariffs rip into their margins. General Motors alone took a $1.1 billion hit in the second quarter. Volkswagen? They coughed up $1.5 billion and slashed their financial outlook. Industry insiders like Jason Miller at Michigan State are tracking the data, and it’s clear: the auto sector is absorbing blow after blow. But they won’t absorb it forever. That cost is coming downstream—and fast. Auto…

Continue reading as a Citizen

Dedollarize News is free to read for signed-up members. Become a Citizen to finish this article, save what matters, and get the daily “While You Were Distracted” briefing.

No credit card required.