How much money did the the US lose in the first year after the embargo act was passed?

In the first year following the implementation of the Embargo Act of 1807, the United States experienced significant economic downturns, with estimates suggesting a loss of around $80 million. The embargo aimed to pressure Britain and France during the Napoleonic Wars but instead resulted in widespread smuggling and economic distress, particularly in coastal areas reliant on trade. The adverse effects contributed to public discontent and ultimately led to the repeal of the act in 1809.