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Trump's tariffs could cut deficit by $2.8 trillion

Trump's tariffs could pay for his tax cuts -- but it likely wouldn't be much of a bargain

The tax cuts in President Donald Trump’s One Big Beautiful Bill would likely gouge a $2.4 trillion hole in the federal budget

Boise State Public Radio · 1d

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

Forecasters at the Congressional Budget Office say President Trump's tariffs could shave $2.8 trillion off the federal debt if they remain in place for a decade. That's a big if.

okcfox · 23h

Trump's tariffs would cut deficit by $2.8 trillion

President Donald Trump’s tariffs would cut the federal deficit by $2.8 trillion over a 10-year period, according to an analysis released by the non-partisan Congressional Budget Office. This deficit cut is almost the same as the amount added to the deficit by the One,

Trump, tariffs

Reuters on MSN · 1h

ECB should watch out for price hikes from U.S. tariffs, Schnabel says

The European Central Bank has made "great progress" in taming inflation but it should watch out for fresh price hikes caused by U.S. tariffs, ECB policymaker Isabel Schnabel said on Saturday. The ECB

Los Angeles Times · 16h

Carmakers use stealth price hikes to cope with Trump’s tariffs

Car buyers racing to get ahead of President Donald Trump’s tariffs face an uncomfortable truth — the trade war is already boosting US auto prices, often in ways nearly invisible to consumers.

Fast Company on MSN · 1d

Trump’s tariffs are making price increase photos from big box stores go viral

From Walmart to Target, shoppers are turning price hikes into memes. A growing genre of social media posts now tracks the rising costs of goods in real terms as President Donald Trump’s tariffs hit some of the biggest retail stores in the U.

China, Trump and Tariff

Yahoo Finance · 18h

Trump tariffs live updates: US, China set for next round of talks after Trump-Xi call

President Trump and Chinese leader Xi Jinping spoke on Thursday, with tariff and trade talks set to resume next week. Trump said Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and US Trade Representative Jamieson Greer would meet with Chinese counterparts in London on Monday.

Bloomberg on MSN · 1h

Trump’s China Gambit Belies Rocky Road Ahead on Tariff Deals

President Donald Trump has come up short on striking trade deals with most nations with just one month left before his self-imposed tariff deadline, even as he took his first steps in weeks toward engaging with China.

TAG24 NEWS on MSN · 20h

Trump announces fresh US-China trade talks in latest bid to ease tensions

Trump announced a new round of trade talks with China next week, a day after calling Chinese counterpart Xi Jinping in a bid to end a battle over tariffs.

Trump doubles tariffs on steel coming into US

CBS News on MSN · 1d

Trump's 50% steel and aluminum tariffs take effect today. Here's what could get more expensive.

The 50% steel and aluminum tariffs could lead to higher prices on everything from cars to home and office supplies.

The Wall Street Journal on MSN · 5h

Trump’s New Steel Tariffs Look Vulnerable to a Courtroom Challenge

U.S. steelmaker shares soared on news of President Trump’s new tariffs. But are these tariffs as bulletproof as investors seem to believe? The steel tariffs, like those on autos and auto parts, are sector-based.

Bloomberg on MSN · 20h

Court Fight Over Trump Ending Tariff Exemption Goes Forward

A court fight over President Donald Trump’s decision to end a US policy that exempted small-value packages from China from tariffs is moving ahead over the administration’s opposition.

US, Tariffs

Daily Journal · 2d

US trade gap plummets as Trump tariffs take hold

The US trade deficit more than halved in April as President Donald Trump's global tariffs reversed an import surge that preceded the new duties.

BBC · 2d

Tariffs prompt record plunge in US imports

Goods brought into the US plunged by 20% in April, recording their largest ever monthly drop in the face of a wave of tariffs unleashed by US President Donald Trump. The retreat reflects the abrupt hit to trade,

The Boston Globe · 1d

Imports plummet in April as tariffs weigh on trade

US imports of foreign made goods fell sharply in April compared with the previous month, as tariffs clamped down on global trade. Much of the 16.3 percent drop from March, however, reflected the fact that importers rushed to bring many goods into the United States at the beginning of the year to get ahead of tariffs ordered by President Trump.

15hon MSN

Tariffs are causing Alaska Airlines to cancel flights. Here's why.

Alaska Airlines is canceling more than a dozen flights a day as tariffs hinder its ability to accept delivery of new aircraft ...

5hon MSN

One Third of Drivers Cut Down on Car Insurance, Expecting Tariffs to Raise Premiums

Car insurance prices have almost doubled since 2020, and President Donald Trump's tariffs are expected to worsen ...

14hon MSN

Lululemon Shares Tumble on Warning That Tariffs Will Hurt Profit

Apparel maker’s stock falls nearly 20% after company lowers its earnings forecast, citing trade war and a pullback in ...

20hon MSN

Tech job openings vanish as AI, tariffs change hiring landscape

Ahead of the release of the May jobs report, more companies are replacing workers with AI, compounding a tough job market and ...

20h

Tariffs, State Jabs Push Canadians to Ditch US Travel, Poll Says

Most Canadians say they plan to shun US travel this summer as the trade war between the two countries continues, according to ...

1don MSN

Lululemon stock plunges in historic rout as tariffs eat away at its profit

Lululemon’s stock is on pace for one of its biggest routs in history after the athleisure maker warned that tariffs will dent ...

22hon MSN

How Ford is navigating rare earth mineral supply chain disruptions, tariffs and more

Ford CFO Sherry House also discussed what the Dearborn-based automaker is telling Wall Street about upcoming headwinds.

How Higher Tariffs on Steel and Aluminum Will Affect Companies

Home builders, car manufacturers and can makers are among those that will see higher prices for materials. Those companies ...

1hon MSN

China Tariffs Mean Fewer, More Expensive Dolls for American Kids

The Trump administration’s trade war is hurting low-margin industries such as toy makers, where companies say there are few ...

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