This is just one of the stories from our “I’ve Always Wondered” series, where we tackle all of your questions about the world of business, no matter how big or small. Ever wondered if recycling is worth it? Or how store brands stack up against name brands? Check out more from the series here.
Sandra Schidlo from Clearwater, Florida, asks:
Can the money from tariffs [legally] be used to lower the national debt?
The federal government raised about $195 billion in total tariff revenue for the 2025 fiscal year, with about $120 billion of that money coming from President Donald Trump’s new tariff policies, which include tariff rates of 10% to 50% on countries like Brazil, India and the United Kingdom.
The Trump administration has…