Trump's Tariffs to Cut Budget Deficits by $2.8 Trillion

Posted: 2025-06-05 18:13:32 UTC

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#tariffs

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#budgetdeficit

#CBO

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This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.

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2025-06-05 18:13:59 UTC

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The Congressional Budget Office (CBO) projects that recent U.S. tariff increases will reduce federal deficits by $2.8 trillion over the next decade.

Reduced federal deficits

Increased customs revenue

Lower interest payments on federal debt