U.S. Tariffs Raise $600B-$700B
This is a U.S. news story, published by CNBC, that relates primarily to Peter Navarro news.
U.S. news
For more U.S. news, you can click here:
more U.S. newsPeter Navarro news
For more Peter Navarro news, you can click here:
more Peter Navarro newsNews about Us federal policies
For more Us federal policies news, you can click here:
more Us federal policies newsCNBC news
For more news from CNBC, you can click here:
more news from CNBCAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best politics news, business news, entertainment news, and much more. If you like this article about Us federal policies, you might also like this article about
more tariffs. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest White House trade adviser Peter Navarro news, less tariff revenue news, news about Us federal policies, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
higher tariff ratesCNBC
•US Politics
US Politics
Tariffs will likely raise much less money than White House projects, economists say
86% Informative
White House trade adviser Peter Navarro on Sunday estimated tariffs would raise about $600 billion a year and $6 trillion over a decade.
Economists say the true number will probably be less than half that sum.
The ultimate sum could have big ramifications for the U.S. economy, the nation's debt and legislative negotiations over a tax-cut package.
The tariffs will likely have a short life span, diluting their potential revenue impact, economists said.
They're being issued by executive order and could be undone easily, they said.
Extending a 2017 tax cut law signed by President Trump would cost $4.5 trillion over a decade .
Small business owner?