S&P Global optimistic about US public finances despite the president’s trade war
S&P Global optimistic about US public finances despite the president’s trade war
Copy link
Congressional Budget Office estimate offsets concerns about fiscal effects of Donald Trump’s tax bill
"At this time, it appears that meaningful tariff revenue has the potential to offset the deficit-raising aspects of the recent…
Washington’s new duties on 25 countries could make up for tax shortfall and back domestic spending plans, analysts say.
"This would seem like a victory for the world and yet would produce $400 billion of annual revenue for US taxpayers."
In just two months, Trump added another $1.5 trillion of deficit reduction in the form of new tariffs, CBO said. Still, the One…
In exclusive interviews with Fortune, Wharton’s Professor Joao Gomes and AEI’s Desmond Lachman warned that while tariffs may slow…
