Trump’s Tariff Plan Falls Short of Filling His Budget Hole
Attendees wave their hats during a town hall event with former US President Donald Trump
Photographer: Emily Elconin/BloombergI’m Shawn Donnan, a senior writer for economics in Washington. Today we’re looking at Donald Trump’s tariff math. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here.
Donald Trump has a well-documented fascination with tariffs, but he’s now making a new pitch on the campaign trail: using them as a source of revenues to pay for everything from tax cuts to childcare.