Understanding Tariffs and GDP Growth
November 05, 2025
November 05, 2025
WASHINGTON, Nov. 5 [Category: ThinkTank] -- The American Action Forum issued the following news release:
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Understanding Tariffs and GDP Growth
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Treasury Secretary Bessent recently stated that every $300 billion collected in tariff revenue would contribute 1 percentage point to gross domestic product (GDP) growth. In a new insight, Trade Policy Analyst Jacob Jensen explains why this statement misrepresents how a tariff interacts with the f . . .
* * *
Understanding Tariffs and GDP Growth
*
Treasury Secretary Bessent recently stated that every $300 billion collected in tariff revenue would contribute 1 percentage point to gross domestic product (GDP) growth. In a new insight, Trade Policy Analyst Jacob Jensen explains why this statement misrepresents how a tariff interacts with the f . . .
