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Trump tariffs likely to raise $6 trillion in revenue in 10 years: Navarro

Business Standard LogoBusiness Standard1d ago

Trump tariffs likely to raise $6 trillion in revenue in 10 years: Navarro - Business Standard

Quick Summary:

He echoed the Trump administration's stance that the tariffs will not be paid by American consumers but by businesses in other countries or the countries themselves.

Navarro believes these tariffs will force the automakers to move their production to the US plants, thereby creating more jobs in the United States.

Peter Navarro, White House aide estimates that President Donald Trump’s tariffs are likely to bring $6 trillion in revenue in the next decade.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-01 @ 10:23:39 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 510 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27506423

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 263 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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  • URL: https://chronographically.beamstart.com/news/trump-tariffs-likely-to-raise-17434837395472

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