Reported 1 day ago
The Congressional Budget Office estimates that President Trump's increased tariffs on imports could lower the U.S. national deficit by $4 trillion over the next decade, primarily by generating an additional $3.3 trillion in revenue and reducing federal interest payments by $0.7 trillion. However, ongoing trade negotiations may affect current tariff rates. This comes as lawmakers face a government funding deadline and the federal debt continues to rise.
Source: YAHOO