WATCH: Trump Gets Huge Applause After Announcing Stunning Tariff Revenue

President Donald Trump received a roaring round of applause when he announced the massive uptick in revenue flowing into the United States as a result of his tariff policy.

Trump made the announcement while speaking at a White House event aimed at promoting the “Big Beautiful Bill,” the massive congressional budget package that is currently being debated in the Senate. Trump has given lawmakers an ambitious deadline of having the bill on his desk by July 4.

“We have money coming in like at levels that they have never seen. I got a call the other day from the people in Congress because we’re doing our bill. I didn’t even tell you this, Mike,” the president said while turning to House Speaker Mike Johnson (R-LA).

“They said, ‘there’s something wrong with the numbers, sir.’ I said, ‘what’s wrong?’ I don’t know, they’re not balancing out. There’s something really wrong. I said, is that a good thing or a bad thing? Well, we don’t know. It just — I said, what’s the problem? We’re taking in much more money than we have scheduled. I said, so far, that sounds good.”

The president then revealed that the current tariff strategy has already brought in more than $88 billion in additional revenue, which drew a loud round of applause and cheers from attendees. “I thought I’d tell these little stories. Go off script and tell these little stories, Scott, right?” Trump added while turning to Treasury Secretary Scott Bessent. “Because it does make it a little more interesting.”

After President Trump announced his “Liberation Day” tariff strategy on April 2, which applied varying duties on imports from dozens of trading partners based on existing trade barriers and imbalances, the president announced a few days later that the tariffs would be paused for 90 days while new deals are hammered out. Instead, the White House levied a baseline 10 percent tariff, with varying exceptions for certain industries, including the auto industry.

Trump also kept hefty tariffs on Chinese imports before working out a deal with Beijing on May 11.

“A few months ago, the press was saying, do you really have anybody of any interest? Well, we just signed with China yesterday, right? Just signed with China. We have everybody. We’re not going to make deals with everybody,” the president said during Thursday’s event.

“Some we’re just going to send them a letter, say, thank you very much. You’re going to pay 25, 35, 45 percent. That’s the easy way to do it. And my people don’t want to do it that way. They want to do some of it, but they want to make more deals than I would do.”

The administration remains in close talks with a number of major trading partners, including South Korea, Japan and India, ahead of the July 8 deadline that will see the reimplementation of Liberation Day duties if deals are not struck.