Trump's tariffs could reduce US deficit by $4 trillion, CBO estimates
- Posted on August 22, 2025
- By Business News Today
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Trump's tariffs could reduce US deficit by $4 trillion, CBO estimates

The Congressional Budget Office estimates that President Trump's increased tariffs on U.S. imports could reduce the national deficit by $4 trillion over the next decade. This additional revenue could offset deficit increases triggered by the Republican tax-cut and spending bill. U.S. tariff rates have risen significantly, leading to a substantial increase in duties collected this fiscal year.