Tariffs Alone Won't Solve the National Debt Crisis

TL;DR Summary
President Trump claims tariffs will pay down the US's $37 trillion debt, but in reality, tariff revenues are insufficient to cover interest payments alone, let alone reduce the debt. Experts argue that tariffs will only marginally slow debt accumulation rather than pay it off, and market confidence remains uncertain about the government's ability to manage its debt effectively.
- Trump says tariffs are going to be enough to pay down national debt. It likely won't even touch the sides Fortune
- Tariffs Won’t Bridge the Fiscal Gap National Review
- When the next recession hits, whoever is president will face intense pressure to cut tariffs, so don’t rely on them for revenue, top economist says Yahoo Finance
- The Illusion of Fiscal Relief: Trump's Tariffs and the Mirage of Unconventional Revenue Streams AInvest
- Trump pledges tariff revenue to slash debt, hints at “dividend” for Americans AzerNews
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