Tariffs only raise the money that people pay for. How many folks are just going to pay +25% more for anything than just buckling up and buying less?

Raise $6T or transfer it from one class to another?

Asking for a former friend. You’re the economists.

That is $6 trillion from new tax called “Import tariff”. Retail Price = Purchase Price + Transport Costs + Tariff + Profit Margin + Sale Tax