Trump’s tariffs had little impact on GDP in 2025, but raised revenue, academic paper finds

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WASHINGTON: U.S. President Donald Trump’s barrage of tariffs last year had only a minimal impact on U.S. economic output but raised significant federal revenue and contributed to a further U.S.-China trade decoupling, a new Brookings Institution academic paper showed on Wednesday. Read full story

Date: 26 March, 2026 12:00 pm
Source: thestar.com.my

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