Trump tariffs would net $2.8 trillion over next decade, CBO says

Published June 4, 2025 12:41pm ET



The Congressional Budget Office said that President Donald Trump’s tariff agenda would raise $2.8 trillion over the next decade.

The CBO analysis released Wednesday found that the tariff agenda, as implemented by Trump by executive action through May 13, if continued, would increase federal tax revenue by $2.8 trillion, a sizable amount.

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