27 February 2026 US Monitor Tariff revenues still dropping, reducing scope for more tax cuts
25th Feb 2026 10:20USDaily Monitor
- Tariff revenues were continuing to fall even before the Supreme Court’s ruling, as supply chains evolved.
- The effective rate likely is now just 8%; revenues are too low and the outlook too unclear for more tax cuts.
- February auto sales likely will maintain the downward trend; risks skewed towards a further decline ahead.
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