President Donald Trump has said that his tariffs plan will result in short-term pain for long-term gain, and Dick Morris, one of his advisers, told Newsmax he thinks that is “very likely.”
“The amount of revenue that Trump is raising from the tariffs is huge,” Morris told Newsmax’s “The Count” Saturday. “In April alone, with tariffs just beginning to take effect and most of them paused, they generated $16 billion in revenue for the government. And it’s looking as if when the program is fully completed, they may generate almost $1 trillion in extra revenue.”
The math, he added, is “pretty simple.”
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