The US Revenue Implications of President Trump’s 2025 Tariffs ( 2025 )

President Donald Trump’s tariffs could generate trillions of dollars in new federal government revenue over a decade, but the net gain would be reduced by their effects on the US economy and other economies’ likely retaliation. The Peterson Institute for International Economics has no partisan goal in publishing this research. Our objective is to educate policymakers and the public about the effects these policies would have on Americans and other people around the world.

ISBN 10: 0881327581

ISBN 13: 9780881327588

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Authors

Authors: Warwick McKibbin, Geoffrey Shuetrim


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