US to rake in over $600 billion from tariffs, America now ‘far stronger’: Donald Trump

US President Donald Trump on Monday said the United States would be receiving more than USD 600 billion in tariffs, asserting that the levies had made America “far stronger” financially and from a national security standpoint.

“We have taken in, and will soon be receiving, more than 600 Billion Dollars in Tariffs, but the Fake News Media refuses to talk about it because they hate and disrespect our Country, and want to interfere with the upcoming Tariff decision, one of the most important ever, of the United States Supreme Court,” Trump said in a post on Truth Social.

Trump last year announced a slew of tariffs on imports from countries around the world, arguing that the US had long been treated unfairly and that other nations imposed much higher duties on American goods.

Trump has imposed tariffs of up to 50% on India, including a 25% levy linked to New Delhi’s purchases of Russian oil.

On Sunday, Trump claimed that India had reduced its imports of Russian oil following tariff pressure from Washington, asserting that New Delhi acted to “make me happy” after he expressed displeasure over India’s energy ties with Moscow.

Speaking to reporters aboard Air Force One, Trump praised Prime Minister Narendra Modi, calling him “a very good man” and “a good guy”, while warning that the United States could quickly raise tariffs on India if required.

“He knew I was not happy. It was important to make me happy. They do trade, and we can raise tariffs on them very quickly and it would be very bad for them,” Trump said.

Standing alongside the president, US Senator Lindsey Graham pressed for congressional approval of a bill to impose steep secondary tariffs on countries that continue purchasing Russian oil and gas if Moscow does not agree to a ceasefire in Ukraine within the next 50 days.

He and Senator Richard Blumenthal have introduced the Sanctioning Russia Act of 2025, which seeks to impose secondary tariffs and sanctions on countries continuing to fund Russia’s war effort. The bill currently has 85 co-sponsors in the US Senate.

Graham said trade pressure had already proved effective, citing US tariff threats as a key factor behind tighter border enforcement and progress in European trade negotiations.

“If you want to end this conflict, put pressure on Putin’s customers,” he said.

Referring to India, Graham said the 25% tariff linked to Russian oil purchases had prompted New Delhi to scale back imports.

“I was at the Indian ambassador's house about a month ago, and all they wanted to talk about is how they're buying less Russian oil. ‘Would you tell the president to relieve the tariff?’ This stuff works,” he said.

Graham said the proposed legislation would give the US president wide discretion to set tariff levels, ranging from zero to as high as 500%.