New Trump tariffs bring in less money than illegal tariffs
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The White House has found new legal ways to keep tariffs flowing. But it's not enough to fully replace the revenue from the import taxes the Supreme Court struck down.The intrigue: The administration's replacement tariffs would raise about $105 billion a year — replacing about 60% of the revenue lost when the Supreme Court invalidated the administration's emergency tariff regime, according to the Committee for a Responsible Federal Budget.Why it matters: The administration's new tariffs are narr
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