<div id="readability-page-1">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.</div>

<p>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.</p>

Proposed tariffs could net $970B over next decade