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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\nhttps://image.cnbcfm.com/api/v1/image/108112299-1741293133745-gettyimages-2203672248-aw1a6349_uhjseduz.jpeg?v=1743533975\u0026w=1920\u0026h=1080\nWhite House trade adviser Peter Navarro said tariffs would raise about $600 billion to $700 billion a year. Economists say that's nearly impossible.\nhttps://www.cnbc.com/2025/04/01/tariffs-may-raise-much-less-than-white-house-projects-economists-say.html",
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