U.S. growth forecast cut sharply by OECD as Trump tariffs sour global outlook

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

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. The $2.8 trillion figure is after accounting for how the tariff agenda would reduce the size of the U.S. econ…

Trump's tariffs to curb US economic growth while reducing deficit: CBO report

The CBO analysis says Trump's tariffs over the next decade would reduce deficits by $2.8 trillion while also curbing economic growth by 0.6 percent.

Impact of Trump's Tariffs on U.S. Economy

Impact of Trump's Tariffs on U.S. Economy The Congressional Budget Office (CBO) has shed light on the economic repercussions of President Donald Trump's tariffs imposed on foreign goods as of May 13. According to a new report, the U.S. economic output will decline, paired with a reduction in the federal budget deficit amounting to $2.8 trillion over ten years.The CBO communicated these findings in a letter to Senate Democratic Leader Chuck Schum…

Trump Ignores the Markets’ Warning at Our Economic Peril

Volcanoes are generally preceded by warning signs in the form of seismic movements, gas emissions etc. Those warning signs give governments time to take preventive policy action to limit the damage. Something similar might be said of economic crises. They are generally preceded by warning signs from the markets. Those warnings give governments time to take remedial policy action to reduce the risk of a crisis. Now that several markets are flashi…