Bessent said the Treasury expects "a de minimis decline in tariff revenue" in its calendar year 2026 projections, assuming the Section 301 studies are completed successfully.
Scott Bessent indicates that tariffs are expected to revert to their original levels following the Section 301 review. The Treasury anticipates only a de minimis decline in tariff revenue for calendar year 2026, contingent on the successful completion of these studies. This…
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