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Trump tariffs to reduce US deficits by $1 trillion less than estimated: CBO
Hindustan Times Punjab
|November 22, 2025
President Donald Trump's tariff increases on imports from foreign countries will reduce US deficits by $3 trillion if they are maintained through 2035, the nonpartisan Congressional Budget Office (CBO) estimated on Thursday, instead of the $4 trillion the agency projected in August, Reuters reported.
CBO based its latest estimate on tariffs imposed by Trump between January 6 and November 15. It said primary deficits would be reduced by $2.5 trillion over Il years, with borrowing costs falling by around $500 billion as a result. The August estimate was
यह कहानी Hindustan Times Punjab के November 22, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
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IndiGo requests relief, no solace for travellers
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