US Commerce Secretary Howard Lutnick estimates that the US will collect $50 billion a month in tariffs, up from $30 billion.

Howard Lutnick said the US is expecting a significant increase in import tariff revenues due to their increase under the Trump administration. Import tariffs have reached their highest levels in a century. President Trump announced 100% tariffs on microchips, with exemptions for manufacturers investing in the US. Lutnick emphasized that the initiative could generate $1 trillion in investment for domestic manufacturing. Negotiations with China to extend the period without new tariffs are ongoing.