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CBO Slashes US Budget Tariff-Savings Estimate by $1 Trillion

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CBO Slashes US Budget Tariff-Savings Estimate by $1 Trillion

  • By Daniel Flatley

The Congressional Budget Office slashed its estimate of longer-term US fiscal savings from President Donald Trump’s tariff hikes by $1 trillion, in a move that may deepen concerns about American borrowing needs.

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