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US Treasury Secretary: Tariff Revenues Will Be Used to Repay National Debt and Reduce the Deficit-to-GDP Ratio

US Treasury Secretary: Tariff Revenues Will Be Used to Repay National Debt and Reduce the Deficit-to-GDP Ratio

金色财经金色财经2025/08/19 11:57
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According to a report by Jinse Finance, U.S. Treasury Secretary Bessent stated that tariff revenues will rise significantly from this year’s $300 billion, and the tariff income will be used to pay down U.S. debt and reduce the deficit-to-GDP ratio.

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