Trump's Tariff Plan Could Cut Deficit By $2.8 Trillion Over A Decade

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Trump's Tariff Plan Could Cut Deficit By $2.8 Trillion Over A Decade — But Not Without Consequences, Warns CBO

benzinga.com/markets/macro-economic-events/25/06/45790762/trumps-tariff-plan-could-cut-deficit-by-2-8-trillion-over-a-decade-but-not-without-

The Congressional Budget Office (CBO) has projected that President Donald Trump‘s extensive tariff plan will decrease deficits by $2.8 trillion over the next 10 years. However, the plan is also expected to cause economic contraction and inflation.
What Happened: The CBO’s analysis report…

This story appeared on benzinga.com, 2025-06-05 12:27:08.