The Tax Foundation reports that Trump’s tariffs generated $264 billion in revenue in 2025 but are projected to offset much of the gains from recent tax cuts.
Analysis & Context
The Tax Foundation reports that Trump’s tariffs generated $264 billion in revenue in 2025 but are projected to offset much of the gains from recent tax cuts. Trump’s tariffs cost households $1,000 in 2025, set to rise to $1,300 in 2026: Research group finds. Stay informed with the latest developments and expert analysis on this important story.
The Tax Foundation reports that Trump’s tariffs generated $264 billion in revenue in 2025 but are projected to offset much of the gains from recent tax cuts.