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.

The Congressional Budget Office said that President Donald Trump’s tariff agenda would raise $2.8 trillion over the next decade. The CBO analysis released Wednesday found that the tariff agenda, as implemented by Trump by executive action through May 13,

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 hou