Reference News, August 20 report - According to Reuters, August 19 report, U.S. Treasury Secretary Bensont said he expects the U.S. tariff revenue to significantly increase from the previously predicted $30 billion this year, and said that these funds will be used to repay the U.S. federal debt.
The report said that when interviewed by the American Consumer News and Business Channel, Bensont refused to give a specific new tariff revenue forecast, but said that he and President Trump are "fully focused" on reducing the debt.
He said: "I have always said that the tariff revenue this year could reach $30 billion. Now I have to significantly revise up this expectation." (Translated by Wu Mei)
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