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U. S. Tariff Tracker | How Much Are U. S. Tariffs Raising in Revenue . . . To the extent new tariffs bring in significant revenue, they could reduce federal deficits and debt Tariff policies will also influence short- and long-run business decisions about investment and hiring, which may impact other tax collections and spending Changes in business planning can also impact import volumes
How Much Revenue Will Trumps Tariffs Raise?-2025-02-04 President Trump's tariffs include a 10 percent additional tariff on all imports from China that went into effect on February 4 We estimate that this tariff will raise $20 billion in revenue through the rest of Calendar Year (CY) 2025 and $200 billion through Fiscal Year (FY) 2035 on a conventional basis