U.S. Tariffs Boost Revenue but Drive Up Consumer Costs

TL;DR Summary
President Trump's tariffs, the highest since the Great Depression, are generating billions in revenue but are also causing higher prices, inflation, and economic uncertainty, with ongoing legal challenges questioning their constitutionality.
- Yes, Trump's tariffs are raising billions — but at a steep economic cost NPR
- Almost Half of U.S. Imports Now Have Steep Tariffs The New York Times
- There's 'overwhelming evidence' tariffs have raised consumer prices, says Bank of America Business Insider
- Q: How Has the Economy Avoided Doomsday Tariff Predictions? The Wall Street Journal
- State of U.S. Tariffs: October 30, 2025 The Budget Lab at Yale
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