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Benzinga
Benzinga
Business
Ananya Gairola

Trump Touts 'Incredible' Tariff Strategy After Congressional Budget Office Projects $4 Trillion Deficit Cut, Even As Economists Warn Of Slower Growth

Donald Trump Congressional Budget Office Deficit Elon Musk CBO Economic Growth Fitch Truth Social United States
O'Leary: AI Offsets Tariffs, Boosts Productivity

On Friday, President Donald Trump celebrated a Congressional Budget Office report projecting that his sweeping tariffs will reduce U.S. deficits by $4 trillion over the next decade, even as analysts caution the levies could weigh on economic growth and face legal challenges.

CBO Projects Historic Deficit Reduction From Tariff Revenue

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