“The tariffs President Donald Trump threatened against Canada, Mexico and China over the weekend roiled financial markets but they fall far short of duties the US would need to offset the cost of extending his expiring 2017 tax cuts, economists estimate,” Bloomberg reports.
“Those combined tariffs would raise less than a third of the estimated $4.6 trillion cost of extending Trump’s tax cuts over the next 10 years — if the import duties continued for a full decade.”
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Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.
Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.
Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.
Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.
Goddard is the owner of Goddard Media LLC.