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Economic and Fiscal Effects of the February 2025 Proposed Tariffs on China

This authoritative-secondary source from The Budget Lab at Yale supports 1 claim across 1 ledger entry.

Publisher
The Budget Lab at Yale
Published
2025-02-05
Accessed
2026-09-03
Source quality
authoritative-secondary

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Claims supported by this source

  1. estimateestimate

    The Budget Lab modeled Trump's 10% tariff on Chinese imports as a 0.14% short-run price increase and an average $223 annual loss of household purchasing power, with a disproportionate income-share burden on lower-income households; importers legally pay the tariff into federal customs revenue, and the model separately estimated about $400 billion in conventional federal revenue over ten years before dynamic effects, with no personal recipient or beneficiary inferred.

    Summary and short-run distributional effects

    Yale models household and Treasury effects of Trump's 10% China tariff · Modeled estimate, not observed loss · reviewed 2026-09-03