Tariff record hits 31 billion in August, $183 billion fiscal year to date, retailers struggle to absorb costs
The economy just got punched. $31 billion in tariffs hit in a single month. August didn’t end in prosperity or surplus. It ended in extraction. Every dollar was drained from consumers and corporations, funneled straight into the Treasury’s vault. The machinery of wealth didn’t grind forward, it was siphoned sideways. Importantly, tariffs are being paid …