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The nonpartisan Congressional Budget Office said tariffs would reduce the purchasing power of households overall.
WASHINGTON (AP) — President Donald Trump’s sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period ...
To Pay for Tax Cuts, Trump Touts Tariff Revenues That May Be Fleeting
The president cited figures from the Congressional Budget Office to suggest tariffs could offset the cost of tax cuts, though ...
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Sen. Tim Kaine says Trump's tariffs could reduce federal debt, but at what cost?
Va., who is also on the Senate Budget Committee, about how President Trump's tariffs will affect the federal budget and the ...
Trump's tariff strategy could pay for his tax bill, but only if they stick, experts warn
The CBO projects Trump's tariffs could reduce the deficit by $2.8 trillion while his tax bill would add $2.4 trillion, but ...
US Congress budget office sees economic output falling from Trump tariffs
U.S. economic output will fall as a result of President Donald Trump's new tariffs on foreign goods that were in place as of ...
Trump official reacts to Musk's tariff criticism
White House trade advisor Peter Navarro reacted to Elon Musk's criticisms of President Trump's tariffs as Mr. Trump and ...
US trade gap plummets as Trump tariffs take hold
The US trade deficit more than halved in April as President Donald Trump's global tariffs reversed an import surge that ...
Musk predicts Trump’s tariffs will cause recession amid growing spat with president
Former presidential adviser and confidante Elon Musk escalated his growing feud with President Trump by saying the ...