Implement a 10% Global Tariff - American Compass

Implement a 10% Global Tariff - American Compass

Estimated Revenue:$2.1 trillion 2025–2034. This estimate from the Congressional Budget Office accounts for changes in imports and customs user fees, as well as  “the budgetary effects of changes in economic output, employment, capital stock, and other macroeconomic variables.”  Summary Since the United States entered the World Trade Organization agreements in 1994, the U.S. trade deficit has risen from $70 billion in 1993 to over $900 billion in…