CNBC Anchor Contradicts Key Trump Boast — Foreign Companies NOT Eating Tariff Cost
Tommy Christopher Aug 15th, 2025, 12:33 pm
CNBC anchor Steve Liesman contradicted President Donald Trump’s frequent boast that the United States is taking in yuge amounts of tariff revenue from foreign countries, noting that new data indicates foreign countries are not absorbing the cost.
The president frequently boasts about the revenue “pouring into our country” — $142 billion at last count — but many experts (and Trump critics) say that the costs are being paid by Americans and American companies.
The Bureau of Labor Statistics released a slew of new data Friday morning, including a report that showed import prices rose much more than expected:
U.S. import prices increased 0.4 percent