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CBO, Trump and tariff

Trump's tariffs would cut US deficits by $2.8T over 10 years and shrink the economy, CBO says

President Donald Trump’s sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period while shrinking the economy, raising the inflation rate and reducing the purchasing power of households overall,

USA TODAY on MSN · 2h

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.

Bloomberg on MSN · 2h

CBO Projects Trump Tariffs to Cut Budget Gap by $2.8 Trillion

President Donald Trump’s tariff policies in effect as of mid-May would help to shrink US fiscal deficits by an estimated $2.8 trillion, according to the nonpartisan Congressional Budget Office.

U.S. Hikes Tariffs on Steel, Aluminum

CBS News on MSN · 2h

50% steel and aluminum tariffs take effect today. Here's what could get more expensive.

The 50% steel and aluminum tariffs could lead to higher prices on everything from cars to home and office supplies.

The Baltimore Sun · 23m

Trump’s 50% tariffs on steel and aluminum imports go into effect

President Donald Trump wrote in his executive order the higher tariffs would “more effectively counter foreign countries that continue to offload low-priced, excess steel and aluminum in the

MarketWatch on MSN · 1h

Here’s where all of Trump’s tariffs stand as his 50% tax on steel and aluminum imports goes into effect

U.S. President Donald Trump’s 50% tariffs on imported steel and aluminum took effect early Wednesday. So what’s the current state of all the Trump levies?

Trump lashes out over tariff blocks

USA TODAY · 4h

Donald Trump pushes forward on tariffs despite court challenges: What to know

President Donald Trump is hiking tariffs on aluminum and steel as his administration presses countries to speed up trade talks, amid legal battles.

Newsweek on MSN · 1d

Donald Trump lashes out over tariff blocks: "Economic survival"

President Donald Trump has said that if the U.S. is not allowed to implement tariffs, it "doesn't have, even a small chance, of economic survival."

Washington Examiner on MSN · 1d

Trump portends death of US economy if country is unable to counter tariffs

President Donald Trump forecasted the death of the U.S. economy if America were prevented from deploying counter tariffs against other countries. A court battle is underway regarding Trump’s “Liberation Day” tariffs after the U.

Trump, tariffs

CNN on MSN · 8h

US drugs threatened by Trump tariffs

CNN’s Kristie Lu Stout reports on the vulnerability of US consumers to the threats of pharmaceutical tariffs against China, which could impede the supply and price of essential drugs to the US.

Reuters on MSN · 5h

Factbox-Trump's tariffs and threatened trade actions

The United States doubled tariffs on steel and aluminium imports on Wednesday, activating a hike in the duties on the imported metals to 50% from the 25% rate introduced in March. The day also marks the Trump administration’s deadline for trading partners to submit their “best offers” to avoid further steep import duties set to take effect in early July.

Business Insider on MSN · 1d

It's official: Trump's tariffs are damaging the economy

The OECD said President Donald Trump's tariffs are hitting economic growth in the US and globally too, and warned of consequences for jobs and incomes.

Mexico threatens countermeasures if US keeps 50% metal tariffs

The rise in US steel and aluminium tariffs to 50% is the second time since March that Donald Trump has taken action to ...

Trump tariffs live updates: Trump says China's Xi is 'extremely hard to make a deal with'

President Trump said it's "extremely hard" to reach a deal with his Chinese counterpart Xi Jinping, denting hopes for a call ...

4hon MSN

Dollar Tree expects to take profit hit from tariffs, shares drop on outlook

Discount retailer Dollar Tree said the impact of tariffs will result in lower than expected profit for the second quarter, ...

1hon MSN

Doug Ford wants Canada to double its own tariffs against the US

OTTAWA — Ontario Premier Doug Ford is urging Canada’s prime minister to retaliate against the United States after it doubled ...

2hon MSN

Ontario Premier on Trump’s latest tariffs: ‘Five steps forward and 10 steps backwards’

Ontario Premier Doug Ford talks with CNN’s Wolf Blitzer and Pamela Brown about President Trump’s newest tariffs on steel and ...

2hon MSN

US Will Not Give Vietnam Reprieve on Tariffs, Lutnick Says

Washington will not reciprocate even if Hanoi removes all tariffs on American goods, according to US Secretary of Commerce ...

3hon MSN

Republican Spending Bill Will Add $2.4 Trillion to Deficit, CBO Says. Tariffs Are a Wild Card.

The Congressional Budget Office estimates that the bill would add $2.4 trillion to the deficit through 2034. That is the ...

4hon MSN

U.S. Services-Sector Activity Unexpectedly Contracts as Tariffs Raise Uncertainty

The Institute for Supply Management said that its purchasing managers’ index for services providers fell to 49.9 in May, from ...

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CBO, Trump and tariff

U.S. Hikes Tariffs on Steel, Aluminum

Trump lashes out over tariff blocks

Trump, tariffs

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