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Trump's tariffs could cut deficit by $2.8 trillion

US trade deficit narrowed significantly amid Trump's tariff escalation

The U.S. trade deficit narrowed significantly in April as President Donald Trump sharply escalated tariffs before pausing a large swath of the levies, U.S. Commerce Department data on Thursday showed.

Associated Press News on MSN · 20h

Trump’s tariffs would cut US deficits by $2.8T over 10 years and shrink the economy, CBO says

President Donald Trump’s sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period while shrinking the economy, raising the inflation rate and reducing the purchasing power of households overall.

USA TODAY on MSN · 1d

Trump's tariffs to curb US economic growth while reducing deficit: CBO report

The CBO analysis says Trump's tariffs over the next decade would reduce deficits by $2.8 trillion while also curbing economic growth by 0.6 percent.

Mexico, Tariffs and Metals

BBC on MSN · 1d

Mexico threatens countermeasures if US keeps 50% metal tariffs

The rise in US steel and aluminium tariffs to 50% is the second time since March that Donald Trump has taken action to protect production of the metals in the US.

U.S. News & World Report · 1d

Mexico to Announce 'Measures' Next Week if No Deal on US Metals Tariffs

Mexico will announce measures next week if there is no agreement reached with the United States on the steel and aluminum tariffs announced, president Claudia Sheinbaum said Wednesday. She also called the U.

MarketWatch · 1d

HSBC sees chance Mexico could put tariffs on American steel next week

Mexico may be ready by next week to put retaliatory tariffs on steel from the U.S. in response to action taken by President Donald Trump, said HSBC economist Jose Carlos Sanchez, who called this is "a downside risk for markets to monitor.

Trump's 50% steel tariffs hit world but UK spared full blow

BBC · 1d

UK Temporarily Spared From Trump's Steel Tariffs

US President Donald Trump signs an executive order doubling US tariffs on steel and aluminium imports to 50% - but the UK is temporarily exempted

Bloomberg on MSN · 1d

Trump Gives UK Five-Week Deadline After Reprieve on Steel Tariff

The UK is contending with a new five-week deadline to finalize its trade agreement with the US after President Donald Trump spared the country’s steel and aluminum exports from a doubling of existing tariffs.

CNBC on MSN · 1d

Trump's 50% steel tariffs hit the world but UK spared full blow

U.S. tariffs are in the spotlight once again in Europe as President Donald Trump's 50% levy on steel and aluminum imports came into effect Wednesday.

6hon MSN

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 ...

6hon MSN

US aluminium premiums hit record levels after tariffs take effect

Premiums for consumers buying aluminium on the physical market in the United States hit a record 60 cents a lb or $1,323 a ...

Trump speaks with Xi amid stalled talks between the US and China over tariffs

President Donald Trump and his Chinese counterpart, Xi Jinping, have spoken amid stalled negotiations between both countries ...

1don MSN

GM CEO Mary Barra on Trump tariffs and US manufacturing: 'We could have done better'

Mary Barra said at the Wall Street Journal’s Future of Everything conference in New York City she learned lessons from ...

8hon MSN

Big Central Banks' Forecasting Lens Gets Fogged by US Tariffs

The Fed has held rates in the 4.25%-4.5% range since December, following 100 bps of cuts last year. Money markets price ...

1don MSN

US jobs at risk due to Trump's steel tariff dispute, Canadian leader says

The Premier of Ontario, Doug Ford, announced plans to move $30 billion in manufacturing to Canada after new U.S. steel ...

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Trump's tariffs could cut deficit by $2.8 trillion

Mexico, Tariffs and Metals

Trump's 50% steel tariffs hit world but UK spared full blow

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