Model Estimate T25-0016 – Impose Additional Tariffs on Imported Goods From China, Canada, and Mexico, Impact on Revenue 2025–2035 T25-0016.xlsx
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Table shows the impact on federal tax revenue for fiscal years 2025–34 of additional 10 percent tariffs on all goods imported from China, effective February 4, 2025 and additional 25 percent tariffs on all goods imported from Canada (a reduced rate of 10 percent would apply to specified "energy or energy resource" goods) and Mexico, effective March 1, 2025.

 

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T25-0016
Model Estimates Type Revenue Tables
Primary topic Tariffs
Topics Tariffs Presidential campaign proposals Consumption taxes (individual) International taxation Federal revenue
Model Estimate Resources