Trump's tariffs would cut US deficits by $2.8T over 10 years and shrink the economy, CBO says
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FILE - A Tariff Free sign to attract vehicle shoppers is at an automobile dealership in Totowa, N.J., on April 30, 2025. (AP Photo/Ted Shaffrey)FILE - Bicycles are displayed at a Walmart, Wednesday, April 16, 2025, in Groton, Conn. (AP Photo/Julia Demaree Nikhinson, File)FILE - Empty shopping carts are collected from the parking lot at Walmart store in Burbank, Calif., on Thursday, April 10, 2025. (AP Photo/Damian Dovarganes, File)FILE - President Donald Trump speaks to reporters in the Oval Office of the White House, Friday, May 23, 2025, in Washington. (AP Photo/Evan Vucci, File)
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FILE - A Tariff Free sign to attract vehicle shoppers is at an automobile dealership in Totowa, N.J., on April 30, 2025. (AP Photo/Ted Shaffrey)