Think tank numbers on tariffs

The Tax Foundation, which is most certainly not known for being wildly liberal in their analysis, determined that proposed U.S. tariffs will:

• reduce long-run GDP by 0.2%
• reduce hours worked by 223,000 full-time equivalent jobs in the U.S.
• reduce after-tax incomes by an average of 0.6 %—before accounting for foreign retaliation.
• increase federal tax revenue by $142 billion this year
• equal an average tax increase of $1,072 per U.S. household