Tariffs can rise less than white household projects, economists say

President Donald Trump says that tariffs Will make the United States “rich“But these wealth said it would be less than the White House expects.

The amount of Ultimate can be large traces for debt and legislative talks on the US economy, debt and tax-cut package.

On Sunday, the White House Trade Advisor Peter Navarro estimated that tariffs would earn about $ 600 billion and more than a decade. Automatic tariffs would be a $ 100 billion in addition, said “FOX News Sunday.”

Navarro did the project as the US plans to announce More tariffs against US trading partners on Wednesday.

Economists expect the Tariff policy of the Trump Administration will earn a small amount of income from Navarro allegations. Some project would be less than half of the total income.

In a year, about $ 600 billion in a year, about $ 600 billion, “not the case,” said Moody’s Chief Economist Mark Zandi. “If you reach $ 200 billion for $ 100 billion, you will be very lucky.”

The White House refused to respond to comment from CNBC on the arrival of the tariff.

White house thinking 20% of the most imported tariff, Washington post reported Tuesday. President Trump sad This idea on the campaign trail. The Trump Administration may result in a different policy as country-country tariffs based on the appropriate trade and trade barriers of each nation.

However, 20% of the tariff rate Navarro seems to be matched with income forecasts, economists.

USA import About 3.3 trillion goods in 2024. All these imports that apply the 20% tariff nit will bring $ 660 billion in revenue.

“Almost mentally math is Peter Navarro – and the mental math takes some important steps,” he said.

This should take into account the many economic impact of the US and the world’s economic impact on the US and the world. These effects combined to reduce revenues.

According to Tedeschi, the 20% wide tariff in the year, 250 billion dollars per year (or more than a decade) will lift about $ 250 billion (or more than a decade) per year when taking into account the effects of a budget laboratory analysis Was published on Monday.

There are ways to lift a larger amount – but they will attract higher tariff rates. For example, the-the-the-the-the-the-the-the-the-the-the-the-the-the-the-the-the-the-the-the-the-the-the-the-the-the-the-the-the-the-the-the-the-the-the-the-the-the-the-” according to Economists at the Peteron Institute of the Institute of Economics.

Even this is an optimistic assessment: They wrote that the US economic growth has not lowered the economic growth due to negative growth of revenge or tariffs.

Tariffs usually Lift prices for consumers. According to Yale Budget Laboratory, 20% wide tariff will cost an average consumer average $ 3,400 – $ 4200.

If consumers are more expensive, they will naturally receive imported goods. The low demand means less imported from imports and less tariff income.

Tariffs also said that the “reduced economic activity”, the city-brooking tax policy center was Head of Robert McClelland.

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For example, for example, US companies are not receiving expenses for consumers through higher prices, US companies are likely to suffer, and the fall of income taxes), economists said. Consumers spent, further bite company profits and tax revenues, economists. Companies that make financial stroke can take offers.

Foreign peoples are expected to retaliate with their tariffs in companies that will harm the exporting companies exported abroad. Other nations can survive the economic crisis, reduce the demand for US products.

“If you receive a 20% tariff rate, you will receive a rip-thunderous decline, and this will break your financial situation,” he said.

There is a certain level inappropriate for the tariff policy and operations for certain countries, industry or products, economists. For example, the White House caught the tariffs in China in February was released indefinitely The import of “De Minimis” is imported from 800 or less dollars.

Trump management can also make some tariff revenues to cope with some parties affected by a trade war.

President Trump did this in the first term: The government has sent $ 61 billion to $ 61 billion in American farmers since 2020 since 2020 since 2020 since 2020. according to To the Board of Foreign Relations.

Tariffs are likely to reduce the impact of potential revenue, which are short-lived, said there are economists. President Trump or by a future president, as well as executive procedures and can be easily refunded.

“There is probability that these tariffs will last 10 years,” he said. “If they last until the coming, I would be very surprised.”

The 2017 tax cut signed by President Trump will cost $ 4.5 trillion in ten years, according to to the tax ground. Trump also called other tax breaks as tax breaks for other tax breaks, tips, tips, work time and tax benefits for social security benefits and American cars.

If tariffs do not pay the full value of such a package, the republican deputies will find incisions elsewhere or increase the nation’s debt.