---
title: "Proposed tariffs could net $970B over next decade"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289175350.md"
description: "Proposed tariffs could generate $970 billion over the next decade, marking the largest such effort in recent history. Treasury Secretary Scott Bessent argues these measures protect U.S. manufacturing and sovereignty, challenging traditional free-trade views. However, economists warn that costs will largely fall on American households and businesses, potentially increasing annual expenses for families."
datetime: "2026-06-09T10:39:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289175350.md)
  - [en](https://longbridge.com/en/news/289175350.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289175350.md)
---

# Proposed tariffs could net $970B over next decade

Massive revenue potential: Estimates suggest new tariffs could raise $970 billion over a decade, representing the largest such effort since losing other tariff authorities. Economic security pitch: Treasury Secretary Scott Bessent argues tariffs protect manufacturing and sovereignty, challenging decades of Republican free-trade orthodoxy. Consumer cost concerns: Economists warn tariffs largely hit U.S. households and businesses, potentially adding hundreds to annual household expenses.

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