WASHINGTON (AP) — President Donald Trump likes to boast about how much money the U.S. Treasury is raking in from the massive taxes – tariffs -- he’s slapped this year on imports from almost every country in the world.

“We have trillions of dollars coming into our country,” Trump said Wednesday. “If we didn’t have tariffs, we would be a very poor nation and we would be taken advantage of by every other nation in the world, friend and foe.”

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