Trump’s Tariff Plan Falls Well Short of Filling His Budget Hole

  • Best-case tariff revenue seen between $200-400 billion a year
  • Those numbers would soon drop as trade adjusts, economists say

Donald Trump

Photographer: Emily Elconin/Bloomberg
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Donald Trump has promised to use sweeping new tariffs to fund everything from tax cuts to child care. But economists say the new import charges are unlikely to create anything close to the revenue boom he would need.