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Peter Navarro promised $700 billion in tariff revenue. The actual amount was about $240 billion.
Actual tariff revenue was about $240 billion, funding roughly 12 days of federal spending, significantly less than the $700 billion estimate by senior adviser Peter Navarro.
2 Articles
2 Articles
Revealed: Trump tariff totals are less than half of administration's estimates
President Donald Trump’s Senior Adviser, Peter Navarro, once suggested that the Trump tariffs would generate $700 billion per year. Not so, says one researcher.Writing in Reason, Research Fellow Jack Salmon from the Mercatus Center takes issue with Navarro’s apparently inflated numbers.“At the time (of their announcement), I estimated that a more realistic estimate of the maximum additional revenue these tariffs could reap was likely less than $…
·Washington, United States
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Coverage Details
Total News Sources2
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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