WASHINGTON -- U.S. tariff revenues soared to $87.2 billion in the January-June half, government figures show, reaching a scale that could make it politically difficult to reduce or repeal them even under a new president.
Trump tariffs
US tariff receipts soar to $87bn, emerge as stable revenue
Repeal could become politically difficult for future administration
The U.S. could become the only developed country where tariffs account for more than 5% of tax revenue, estimates show. © Reuters
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