Fact vs. Fiction: Navarro’s $6–$7 Trillion Tariff Revenue Projection - News Facts Network

Fact vs. Fiction: Navarro’s $6–$7 Trillion Tariff Revenue Projection - News Facts Network

Claim: White House trade adviser Peter Navarro claimed that tariffs announced by former President Donald... The post Fact vs. Fiction: Navarro’s $6–$7 Trillion Tariff Revenue Projection appeared first on News Facts Network.

Independent Analyses Contradict Navarro's $6 Trillion-Plus Tariff Revenue Estimate

Este artículo estará disponible en español en El Tiempo Latino. Before President Donald Trump paused some new tariffs that he unveiled on April 2, several economic groups estimated that tariffs he has announced this year could raise between roughly $2 trillion and more than $4 trillion in federal revenue over a 10-year period. But that’s well short of the $6 trillion or $7 trillion that White House trade adviser Peter Navarro claimed the tariffs…

How Much Revenue Can Tariffs Really Raise for the Federal Government?

How much revenue could really be raised by new tariffs? Could tariffs, a form of government finance heavily relied upon in the 18th and 19th centuries, function as a major source of revenue for a modern, developed economy in the 21st century?