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Swirski: Tariffs Have Brought in ‘Twice as Much’ Revenue in 2025

Swirski: Tariffs Have Brought in ‘Twice as Much’ Revenue in 2025

Schwab Network · Schwab Network

August 11, 20259m 38s

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Show Notes

Sandra Swirski reacts to China tariffs jumping to 145% tomorrow and NVDA/AMD’s profit-sharing deal with the U.S. government. She says the market is “stronger than I would expect at this point” because tariffs have become “normalized.” She expects Trump to give China a “little bit of slack” on tariffs if there’s no “foot-dragging” on negotiations. Sandra compares this to the tariffs enacted on India, calling them a “punishment” for delays. With tariffs bringing in “twice as much” revenue as usual, Sandra says traders should watch how the government uses the money.


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