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U.S. Treasury Secretary: Tariff revenue may reach 1% of GDP, potentially totaling $2.8 trillion over the next decade.
[Chain News] PANews, July 22 - U.S. Treasury Secretary Becerra stated that tariff revenue is "substantial" and could account for 1% of GDP. Annual tariff revenue is expected to reach $300 billion. Over the next decade, tariff revenue could reach $2.8 trillion. By the first quarter of 2026, the GDP rise rate is projected to reach 3% or higher.