Subscribe
Finance and Economy

Trump tariffs will reduce deficits by $4 trillion over next decade, CBO says

By Zach Halaschak
Published
Add Washington Examiner on Google

The Congressional Budget Office projected that President Donald Trump’s tariff agenda, if maintained, would decrease total deficits by up to $4 trillion over the next decade.

The CBO, Congress’s nonpartisan scorekeeper, released the updated projections on Friday. The CBO found that the effective tariff rate for goods imported into the United States has increased by a notable 18 percentage points from last year.

Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.

Tag:

Budgets and Deficits Congressional Budget Office Deficit National Debt Tariffs Trade Trade Policy Trump Administration Washington D.C. White House