Bessent emphasizes the significant economic impact of tariff revenues, projecting annual collections of $300 billion and GDP growth exceeding 3% by Q1 2026.
US Treasury Secretary Bessent forecasts that tariff revenues will reach $2.8 trillion over the next decade, potentially accounting for 1% of GDP. He estimates annual revenues could be around $300 billion, with GDP growth rates projected to exceed 3% by Q1 2026.