Trump's tariffs could cut deficit by $2.8 trillion over next decade -- with caveats

  • Posted on June 4, 2025
  • By NPR
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Trump's tariffs could cut deficit by $2.8 trillion over next decade -- with caveats

The Congressional Budget Office projected President Trump's tariffs could raise trillions of dollars over the next decade — but they could also lead to higher inflation and slower economic growth.
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