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Trump aide says tariffs will raise $6 trillion as White House readies plan
(www.washingtonpost.com)
this post was submitted on 30 Mar 2025
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Economy
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Tariffs only raise the money that people pay for. How many folks are just going to pay +25% more for anything than just buckling up and buying less?
Read another way, what part of the population does he think has $6 trillion sitting around?
The more likely outcome is decreased spending and either deflation or stagflation as the economy shrinks.