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More from Treasury Secretary Bessent:
I may be wrong but the idea stemmed from the receipts from the External Revenue Service and perhaps from the savings from DOGE.
IN reality, if tariffs are too high, they won’t provide any revenue. Moreover, if the shakedown is to manufacture ALL goods in the US, there also are no tariffs.
DOGE fell well short of savings expected.
This article was written by Greg Michalowski at www.forexlive.com.
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