T24-0052 – Enact 60 Percent Tariff on Imported Chinese Goods; 10 Percent Tariff on all Other Imported Goods, Impact on Tax Revenue 2025-34 Fiscal Years

Model Estimate

t24-0052.xlsx

(18.630859375 KB)

August 15, 2024

Table shows the impact on federal tax revenue for fiscal years 2025-34 of enacting a 60 Percent Tariff on Imports from China and 10 Percent Tariff on Imports from All Other Countries.

Model Estimates Type

Revenue Tables

Primary topic

Campaigns, Proposals, and Reforms

Topics

Presidential campaign proposals

Model Estimates from the same Simulation Run August 15, 2024

Model Estimate

T24-0049 – Biden Administration Increase in Tariffs on Certain Imports from China, Impact on Tax Revenue 2024-33 Fiscal Years

Model Estimate

T24-0050 – Enact 60 Percent Tariff on Imports from China and 10 Percent Tariff on Imports from All Other Countries by ECI Percentile, 2025

Model Estimate

T24-0051 – Enact 60 Percent Tariff on Imports from China and 10 Percent Tariff on Imports from All Other Countries, by ECI Level, 2025