President Donald Trump's recently imposed tariffs have had a negative impact on global stock markets and have not generated the expected revenue. Despite his assertion that levying taxes on imports would benefit the United States economically, the actual revenue from the new tariffs on China has been much lower than anticipated. Analysts from Citi noted that the amount raised from customs deposits, which includes more than just tariffs, was $9.6 billion for March. This amount was $2 billion higher compared to the previous year, but fell significantly short of the $10 billion expected revenue from the tariffs. The uncertainty surrounding the revenue from tariffs has stirred concerns among experts, who suggest that countries might reduce their exports to the US rather than pay the increased levies. Despite implementing multiple tariffs on various countries, including China, Canada, Mexico, and global aluminum and steel imports, the surge in customs receipts that was anticipated has not materialized. While there was a modest improvement in the trade deficit as imports slightly decreased, analysts remain cautious about the overall impact of the tariffs on the US economy.