News

Tariffs will reduce deficits by $2.5 trillion over 10 years: CBO
President Trump’s tariffs will take a major bite out of U.S. deficit levels, reducing them by $2.5 trillion over the next ...
Trump tariffs live updates: Trump, Xi Jinping speak at last as US and China lean on key exports in trade fight
President Trump and Chinese leader Xi Jinping spoke on Thursday, and both countries pledged to restart tariff and trade talks ...
Amid tariff war, China appears unfazed, but its economy could be vulnerable; high debt and high deficit loom large
As US President Donald Trump and his cabinet full of China hawks set out to address the trade imbalances, there could some ...
Vought: Estimates that tariffs will reduce deficit ‘major part’ of argument for ‘big, beautiful bill’
President Trump’s budget chief Russell Vought argued that the prediction the tariffs will take a major bite out of U.S.
Stock Market Today: Dow Futures Gain; China Says Trump Spoke With Xi
Trump’s tariffs and the trade war continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
CBO says Trump's tariffs will shrink the economy and add to inflation but reduce the deficit
Nonpartisan Congressional Budget Office estimates that Trump’s tariffs would shrink the economy and add to inflation while reducing the federal deficit by $2.8 trillion.
Trump’s promised steel and aluminum tariffs go into effect
U.S. President Donald Trump hiked nearly all of his tariffs on steel and aluminum imports to a punishing 50% on Wednesday in ...