Tariffs will likely raise much less money than White House projects, economists say

Tariffs will likely raise much less money than White House projects, economists say


Key Points
  • White House trade adviser Peter Navarro estimated the U.S. would raise about $600 billion to $700 billion a year from tariffs.
  • Economists say the true number will probably be less than half of that sum. Much depends on the actual policies, though.
  • President Donald Trump is preparing to unveil more tariffs against trade partners on Wednesday.



Source

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