Trump Says Tariff Revenues Will Skyrocket as Pre-Tariff Stockpiles Run Out

Shipping containers are stacked as cranes unload cargo ships at the Port of Los Angeles in San Pedro, Calif., on April 15, 2025. Patrick T. Fallon/AFP via Getty ImagesPresident Donald Trump said over the weekend that tariff revenues are poised to skyrocket as global buyers exhaust stockpiles of untariffed goods, clearing the way for what he described as record-setting inflows to the U.S. Treasury and a new era of national security and wealth.In a Nov. 23 post on Truth Social, Trump said foreign importers had stocked up on large quantities of goods ahead of tariff implementation to delay paying duties. That front-loading, he said, created a temporary lag in the full revenue effect of his global tariff regime.