U.S. tariff revenues to rise ‘substantially,’ focus on paying down debt, U.S. Treasury’s Bessent says
- Posted on August 19, 2025
- By The Globe and Mail
- 1 Views
U.S. tariff revenues to rise ‘substantially,’ focus on paying down debt, U.S. Treasury’s Bessent says
He expected to substantially revise upward his earlier estimate of US$300-billion in revenues from the tariffs, but declined to be more specific