The Prospect of a Fiscal Black Hole Emerges as Trump’s ‘Liberation Day’ Tariffs Threaten a Costly Trade War
The only true ‘liberation’ will feature consumers and taxpayers being liberated from even more of our hard-earned income.
President Trump is imposing sweeping new tariffs on imports from around the world. We’re told that “Liberation Day” tariffs will raise $6 trillion in federal revenue over the next decade, plus another trillion from automobile tariffs.
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