The Trump administration stepped up its ambitious effort to replace about $1.6 trillion in lost tariff revenue. Experts say it’s possible but will be challenging.
WASHINGTON — The Trump administration this week stepped up its ambitious effort to replace about $1.6 trillion in lost tariff revenue that was eliminated by the Supreme Court’s decision to strike down a range of the president’s import taxes.
Recovering that lost revenue, which the White House was counting on to help offset the steep, multi-trillion dollar cost of its tax cuts, is possible but will be challenging, experts say. The administration has
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