This won't increase tax revenue because there will be much less trade. This will further deindustrialize America because the machine tools used for manufacturing, most of which are produced in China, will be much more expensive to import.
https://www.bloomberg.com/graphics/2025-china-ship-cost-in-tariffs-trade-war/?srnd=homepage-americas
https://www.bloomberg.com/graphics/2025-china-ship-cost-in-tariffs-trade-war/?srnd=homepage-americas
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