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Trump, Tariffs

Trump’s China Tariffs Are Backfiring in Funniest Way Possible

China had agreed to reduce export controls on rare-earth magnets as part of a 90-day tariff pause with the United States. Trump has since accused China of dragging its feet on license approvals for magnets, while broader trade talks between the two nations appear to have come to a total standstill.

The Associated Press - Busines… · 1d

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 a move that's set to hammer businesses from automakers to home builders, and likely push up prices for consumers even further.

Boise State Public Radio · 5h

Trump's tariffs could cut deficit by $2.8 trillion over next decade -- with caveats

The Congressional Budget Office projected President Trump's tariffs could raise trillions of dollars over the next decade — but they could also lead to higher inflation and slower economic growth.

Trump tax bill will add $2.4 trillion to deficit, CBO says

The Hill on MSN · 9h

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 decade and shrinking the size of the U.S. economy, the Congressional Budget Office (CBO) found in a Wednesday analysis.

ABC News on MSN · 6h

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.

Boston.com · 7h

Trump tax bill will add $2.4 trillion to the deficit and leave 10.9 million more uninsured, CBO says

Trump’s big bill making its way through Congress will cut taxes by $3.75 trillion but increase deficits by $2.4 trillion over the next decade.

2hon MSN

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.

The New Republic on MSN6hOpinion

CBO Adds Fuel to Republican Budget Fight With Damning Deficit Forecast

The bill is expected to cut $1.3 trillion in spending, but also cut $3.7 trillion in total revenue, leading to the massive ...

17h

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 ...

WCPO 9 News1h

Are Trump’s tariffs hurting US consumers? Here's what the data says

New economic analyses, several conducted by the federal government using official data sources, point to slowing economic ...

Livewire Markets on MSN1h

The risk of a US public debt crisis - and implications for shares

While the US is unlikely to see a full blown public debt crisis, there’s a high risk that the combination of a deteriorating ...

6don MSN

What to Know About the USCIT’s Tariff Ruling—and How Trump and the World Are Reacting

The Administration has filed an appeal after it was dealt a major blow that would invalidate most of its global tariffs.

10h

Trump admin live updates: Johnson says Elon Musk is 'flat wrong' about spending bill

Johnson however said Musk was "flat wrong" about his criticisms on the spending bill and its effect on the deficit. The ...

2don MSN

Stocks recover as Wall Street shrugs off trade tensions between US, China

Stocks erased losses on Monday as trade tensions between the US and China flared up again over the weekend, with China hitting back after President Trump claimed the nation had “totally violated” a ...

The New York Times13d

Stocks Slide on Deficit and Tariff Concerns

But it was the market’s concerns about the deficit that dominated the week and were likely to persist as the budget bill ... his tactics with China, backing off his highest tariffs.

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