Tariffs will likely raise much less money than White House projects, economists say [MSNBC.com]
Moody's Corporation (MCO)
Last moody's corporation earnings: 4/30 07:00 am
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Source: MSNBC.com
President Donald Trump speaks before signing executive orders in the Oval Office on March 6, 2025.Alex Wong | Getty ImagesPresident Donald Trump says thattariffsrichThe ultimate sum could have big ramifications for the U.S. economy, the nation's debt and legislative negotiations over a tax-cut package, economists said. trade adviser Peter Navarro on Sunday estimated tariffs would raise about $600 billion a year and $6 trillion over a decade. Auto tariffs would add another $100 billion a year,he saidNavarro made the projection as the U.S.plans to announceEconomists expect the Trump administration's tariff policy would generate a much lower amount of revenue than Navarro claims. Some project the total revenue would be less than half.Roughly $600 billion to $700 billion a year "is not even in the realm of possibility," said Mark Zandi, chief economist at Moody's. "If you get to $100 billion to $200 billion, you'll be pretty lucky."The declined to respond to a request for comment from CN
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MCO
Earnings
- 10/23/25 - Beat
MCO
Sec Filings
- 12/16/25 - Form 4
- 12/16/25 - Form 4
- 12/16/25 - Form 4
- MCO's page on the SEC website