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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