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  4. Tariffs
The US revenue implications of President Trump's 2025 tariffs
Photo by DPA/Christian Charisius
23 April 2025

The US revenue implications of President Trump's 2025 tariffs
New PIIE Briefing by McKibbin and Shuetrim: Trump’s tariffs may raise trillions in revenue but would harm U.S. growth, provoke retaliation, and reduce net gains as trade tensions escalate.
  • Tariffs
  • US Economy
  • Modelling
Trump's tariffs damage the US economy more if they drive investors away from American assets
REUTERS/Kamil Krzaczynski
25 June 2025

Trump's tariffs damage the US economy more if they drive investors away from American assets
Trump’s 2025 tariffs hurt US growth, raise inflation and risk, and hit jobs—especially in industry and farming—with global spillovers (McKibbin, Noland & Shuetrim).
  • Tariffs
  • USEconomy
  • TradePolicy
PIIE
PIIE
21 August 2025

SSRN eJournal Top Papers List: The global economic effects of Trump’s 2025 tariffs
Congratulations! The paper by McKibbin et al was listed on SSRN's Top Downloads list for: Econometrics eJournals. As of 21 August 2025, this paper has been downloaded 663 times.
  • Tariffs
  • US policy
Australia urged to spearhead regional carbon tariffs
Dean Lewins/AAP PHOTOS
05 June 2025

Australia urged to spearhead regional carbon tariffs
Frank Jotzo referenced by Australian Associated Press