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"https://www.cnbc.com/2025/04/01/tariffs-may-raise-much-less-than-white-house-projects-economists-say.html"
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"Tariffs will likely raise much less money than White House projects, economists say"
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"The Trump administration is planning to impose tariffs on US trading partners, with White House trade adviser Peter Navarro estimating the revenue generated will be around $600 billion a year and $6 trillion over a decade. However, economists expect the actual revenue to be much lower, around $100 billion to $200 billion a year. The discrepancy is due to various factors, including the scope of the tariffs, the impact on consumer spending, and the potential for retaliation from other countries. The revenue generated from tariffs will also likely be used to offset the cost of passing a package of tax cuts, which could lead to increased debt or cuts to other government programs."
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"content": "nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqg80r3ys3p3nm6y8g6qtr266y22vwyg9erjyxz4eaj09amyetdffmgj6l9nl\nTARIFFS WILL LIKELY RAISE MUCH LESS MONEY THAN WHITE HOUSE PROJECTS, ECONOMISTS SAY\n\nhttps://image.cnbcfm.com/api/v1/image/108112299-1741293133745-gettyimages-2203672248-aw1a6349_uhjseduz.jpeg?v=1743533975\u0026w=1920\u0026h=1080\n--\n✍️ President Trump claims tariffs will make the US \"rich\", but economists say the revenue generated will likely be much lower than expected.\n--\n👉 Tariffs are expected to generate around $100 billion to $200 billion a year, not $600 billion\n👉 The revenue generated will likely be used to offset the cost of passing a package of tax cuts\n👉 The tariffs will have a negative impact on consumer spending and the economy\n👉 Other countries are likely to retaliate with their own tariffs, leading to a potential trade war\n👉 The revenue generated will be affected by various factors, including the scope of the tariffs and the impact on consumer spending\n\n--\n#PresidentDonaldTrump #PeterNavarro #MarkZandi #ErnieTedeschi #RobertMcClelland #UnitedStates #China #politics\n--\nnostr:nevent1qvzqqqqqqypzpmcufyygvv773p6xszc6kk3zjnr3zpwgu3ps4w0vne0wex2m22w6qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqg96teaxqg64ge90svlh9mjmu7ll3wh4vj3nyttjl85afy5nhzlj3v02u7v6 \n ",
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