Trump tariffs would cut deficits but hike consumer prices, CBO says

The Congressional Budget Office (CBO) has analyzed Donald Trump’s proposed tariffs, revealing that while they might reduce trade deficits, they could also lead to higher consumer prices. This economic trade-off is sparking heated debates about the impact on American households and the broader economy.

In this video, we break down the CBO’s findings, Trump’s tariff strategy, and the potential consequences for consumers and businesses. Stay informed with expert insights and the latest reactions from policymakers and economists.
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