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Trump faces a trillion-dollar tariff disappointment
economist.com/finance-and-economics/2025/05/18/trump-faces-a-trillion-dollar-tariff-disappointment
Trump faces a trillion-dollar tariff disappointment
Revenues from border levies will be lower than he expects
In the early 20th century, before America introduced an income tax, tariffs paid many of the government’s bills. President Donald Trump wants to revive that approach. He has…
This story appeared on economist.com, 2025-05-19 10:54:51.937000.