@#3 ... So...per Trump's own plan, the tariffs are largely offsetting. ....

Two questions...

1) How are tariffs "largely offsetting? Even the number you present, $300 billion, is less than a tenth of the estimated deficit caused by the tax bill.

2) Tariffs are paid by Americans, not the exporting country. Are tariffs a regressive tax on consumers?

@#3 ... And Trump's tariffs are targeted, not random. They're aimed at pressuring specific industries to reshore production and rebuild US manufacturing.

That strategy is showing results. ...

Wait, what?

If that reshoring strategy is working, then the tariffs will eventually not be "largely offsetting" as you have stated.

So, which is it?

Are the tariffs a permanent thing that will be "largely offsetting" to the $3trillion deficit that Pres trump is dumping upon future generations?

Or are the tariffs a transient thing that will go away once manufacturing is reshored?

@#8 ... "tariffs a transient thing that will go away once manufacturing is reshored?"

I guess. ...

OK, lemme explain ....

Tariffs are paid by Americans upon imported goods.

If Pres Trump moves manufacturing to America, as you have said is occurring (I may disagree to the extent of that, but that's a different thread), then there are no imported goods. No imported goods = no tariffs.

So, I'll ask once again ... are the tariffs a transient thing that will go away once manufacturing is reshored?

If Pres Trump's reshoring is as successful as you assert, wouldn't that reduce or eliminate the revenue from tariffs in the future?

@#9 ... 300 is Yale's est of additional tariff cost for this year. That think tank of liberals is way higher than jp Morgan est of 82..

When you look back at est tariffs cost over last few years, the 82 is more believable. ...

So, JP Morgan's estimate of $82 billion in tariff revenue is significantly less than Yale's estimate of $300 billion.

So, take a step back ...

If $300 billion was not "largely offsetting" of the $3 trillion deficit of Pres Trump's tax bill, doesn't only $82 billion look to be even less "offsetting?"

@#11 ... 82 expense offsets the estimated 75 to 95 range in revenue ...

What is the "82 expense?"

Please explain.

thx.