According to TheBlockBeats: On March 7, U.S. Treasury Secretary Benson confirmed that President Donald Trump’s upcoming retaliatory tariffs in April will follow a “path-dependent” strategy, meaning their implementation will vary based on the actions and responses of U.S. trading partners.
Benson noted that the tariffs could function as a one-time price adjustment, rather than a permanent policy shift, indicating that the administration may adjust its approach depending on international trade negotiations.
"These tariffs will be substantial, but their application will depend on how our trade partners react," Benson stated.
Tariff Revenues Excluded from Legislative Budgeting
Despite the anticipated increase in tariff revenues, the U.S. Treasury confirmed that these funds will not be counted for legislative purposes. This suggests that while the tariffs will generate significant government income, they will not be factored into broader fiscal policies or congressional spending allocations.